A Step-by-Step-Guide on how to buy Raicoin (RAI)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Raicoin (RAI) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (RAI) Raicoin As soon as your deposit has been approved, you'll directly have access to your assets and you can begin invest and trading. To invest in Raicoin (RAI) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find (RAI) Raicoin, you'll need to put the short name of the asset (RAI) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “RAI/BTC” to progress.
Step 4 – Buying Raicoin (RAI) As soon as you have located (RAI) Raicoin, 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). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Raicoin (RAI) was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of RAI you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of RAI. If you are happy, click on “Buy RAI”. Your order will be filled when a Vender sells their RAI for the price you gave.
Step 5 – Withdraw (RAI) Raicoin Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your (RAI) Raicoin, go to the “Funds” tab and click on “Withdraw”. Raicoin (RAI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Raicoin (RAI) by using the provided drop-down box. Drop in the amount of (RAI) Raicoin you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.