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).

Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

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

Make sure you've chosen the exact coin you would like to deposit.

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

Step 3 – Find THORChain (RUNE)

As soon as your deposit has been affirmed, you will directly have access to your funds and you can begin invest and trading. To invest in THORChain (RUNE) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate THORChain (RUNE), you will need to put the shortname of the coin (RUNE) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “RUNE/BTC” to continue.

Step 4 – Buy THORChain (RUNE)

As soon as you have found THORChain (RUNE), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate 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 field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of RUNE.

If you're satisfied, make a mouse click on “Buy RUNE”. Your plan will be filled when a Seller trades their RUNE for the price you introduced.

Step 5 – Withdraw THORChain (RUNE)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extended period of time. In order to take off your THORChain (RUNE), go to the tab called “Funds” and click on “Withdraw”. THORChain (RUNE) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find THORChain (RUNE) by using the provided drop-down box. Put into the amount of THORChain (RUNE) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.