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 Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. THORChain (RUNE) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate THORChain (RUNE)

As soon as your deposit has been confirmed, you'll now have access to your funds and you can commence purchasing and trading. To invest in THORChain (RUNE) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot THORChain (RUNE), you'll need to put the cointype (RUNE) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have marked this too. Click on “RUNE/BTC” to continue.

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

As soon as you've located THORChain (RUNE), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date rate THORChain (RUNE) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of RUNE you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of RUNE.

If you are satisfied, click on “Buy RUNE”. Your plan will be filled as soon as a Vendor sells their RUNE for the price you gave.

Step 5 – Withdraw THORChain (RUNE)

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

Locate THORChain (RUNE) by using the provided drop-down box. Enter the amount of THORChain (RUNE) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Binance Withdraw

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

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (RUNE) THORChain is safe in your wallet, you are finished.