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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. THORChain (RUNE) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate THORChain (RUNE)

Once your deposit has been verified, you will directly have access to your funds and you can begin purchasing and trading. To invest in THORChain (RUNE) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To spot THORChain (RUNE), you'll need to put the cointype (RUNE) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “RUNE/BTC” to proceed.

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

After you have discovered THORChain (RUNE), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date valuation THORChain (RUNE) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of RUNE you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of RUNE.

When you are glad, make a mouse click on “Buy RUNE”. Your order will be filled when a Vender trades their RUNE for the price you gave.

Step 5 – Withdraw THORChain (RUNE)

Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your THORChain (RUNE), hover over the ”Funds” tab and mouse click on “Withdraw”. THORChain (RUNE) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate THORChain (RUNE) by using the given drop-down box. Drop in the volumen of THORChain (RUNE) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and stored THORChain (RUNE).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (RUNE) THORChain is stored inside your wallet, you are all done.
/* */ Generated by MPG