How to Buy THORChain (RUNE)

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

Step 1 – Join Kraken

You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. THORChain (RUNE) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate THORChain (RUNE)

Once your deposit has been affirmed, you'll directly have access to your finances and you can begin invest and trading. To purchase THORChain (RUNE) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover THORChain (RUNE), you'll need to put the cointype (RUNE) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “RUNE/BTC” to advance.

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

After you've found THORChain (RUNE), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price THORChain (RUNE) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of RUNE you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete volumen of RUNE.

When you're happy, click on “Buy RUNE”. Your order will be filled when a Vendor sells their RUNE for the price you submitted.

Step 5 – Withdraw THORChain (RUNE)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. To withdraw your THORChain (RUNE), go to the ”Funds” tab and mouse click on “Withdraw”. THORChain (RUNE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find THORChain (RUNE) by using the provided drop-down box. Drop in the volumen of THORChain (RUNE) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You may be requested for verfication via email/phone before a take off.

Binance Withdraw

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

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (RUNE) THORChain is stored within your wallet, you're all done.

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