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).
Step 2 – Send Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. THORChain (RUNE) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate THORChain (RUNE) As soon as your deposit has been affirmed, you will instantly have access to your finances and you can start buying and trading. To purchase THORChain (RUNE) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate 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 proper pairing, we've marked this too. Click on “RUNE/BTC” to go on.
Step 4 – Purchasing THORChain (RUNE) As soon as you have found THORChain (RUNE), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent price THORChain (RUNE) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of RUNE you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole amount of RUNE. If you are glad, make a mouse click on “Buy RUNE”. Your order will be filled as soon as a Seller sells their RUNE for the price you gave.
Step 5 – Withdraw THORChain (RUNE) Unless you're regularly trading, never keep your coins on an Exchange for an extended time period. In order to take off your THORChain (RUNE), hover over the ”Funds” tab and mouse click on “Withdraw”. THORChain (RUNE) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find THORChain (RUNE) by using the provided drop-down box. Enter the amount of THORChain (RUNE) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.