How to Buy BitKan (KAN)

A Step-by-Step-Guide on how to buy BitKan (KAN)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. BitKan (KAN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (KAN) BitKan

As soon as your deposit has been verified, you'll immediately have access to your assets and you can start purchasing and trading. To buy (KAN) BitKan on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To locate BitKan (KAN), you will need to put the shortname of the coin (KAN) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “KAN/BTC” to advance.

Binance How To Buy 1 BitKan (KAN)
Step 4 – Buy BitKan (KAN)

As soon as you have discovered BitKan (KAN), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price (KAN) BitKan was traded for. You can change this to your favoured price. The “Amount” field is the quantity of KAN you want to purchase. The “Total” field is the total price in BTC that you will pay for the whole quantity of KAN.

If you are glad, make a mouse click on “Buy KAN”. Your plan will be filled as soon as a Vendor trades their KAN for the price you gave.

Step 5 – Withdraw BitKan (KAN)

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To withdraw your (KAN) BitKan, go to the “Funds” tab and mouse click on “Withdraw”. (KAN) BitKan can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (KAN) BitKan by using the provided drop-down box. Drop in the volumen of (KAN) BitKan you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully bought and stored (KAN) BitKan.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the BitKan (KAN) is safe in your wallet, you're done.