A Step-by-Step-Guide on how to buy Kyber Network (KNC)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Kyber Network (KNC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (KNC) Kyber Network Once your deposit has been verified, you'll now have access to your assets and you can begin invest and trading. To invest in (KNC) Kyber Network on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Kyber Network (KNC), you'll need to insert the shortname of the coin (KNC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “KNC/BTC” to advance.
Step 4 – Acquisition of (KNC) Kyber Network As soon as you have located (KNC) Kyber Network, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we're making our Limit Order. The “Price” field will be automatically filled with the most latest valuation Kyber Network (KNC) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of KNC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of KNC. When you're satisfied, make a mouse click on “Buy KNC”. Your plan will be filled as soon as a Vendor trades their KNC for the price you gave.
Step 5 – Withdraw Kyber Network (KNC) Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time frame. To withdraw your Kyber Network (KNC), go to the tab called “Funds” and click on “Withdraw”. (KNC) Kyber Network can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Kyber Network (KNC) by using the given drop-down box. Enter the amount of Kyber Network (KNC) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.