How to Buy THORChain (RUNE)

A Step-by-Step-Guide on how to buy THORChain (RUNE)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your welcome 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. THORChain (RUNE) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (RUNE) THORChain

As soon as your deposit has been approved, you will directly have access to your finances and you can launch buying and trading. To invest in (RUNE) THORChain on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to locate (RUNE) THORChain, you will need to put the shortname of the coin (RUNE) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “RUNE/BTC” to continue.

Binance Hot To Buy THORChain (RUNE)
Binance How to Buy (RUNE) THORChain
Step 4 – Acquisition of THORChain (RUNE)

As soon as you've spotted THORChain (RUNE), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the recent price THORChain (RUNE) was traded for. You can change this to your desired price. The ”Amount” field is the amount of RUNE you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole amount of RUNE.

If you are satisfied, click on “Buy RUNE”. Your plan will be filled when a Seller trades their RUNE for the price you gave.

Step 5 – Withdraw (RUNE) THORChain

Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your (RUNE) THORChain, hover over the tab called “Funds” and click on “Withdraw”. (RUNE) THORChain can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (RUNE) THORChain by using the given drop-down box. Drop in the volumen of (RUNE) THORChain you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and safed THORChain (RUNE).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the THORChain (RUNE) is stored in your wallet, you're done.