How to Buy Rake Finance (RAK)

A Step-by-Step-Guide on how to buy Rake Finance (RAK)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Rake Finance (RAK) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum 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 our how-to).

Step 3 – Find (RAK) Rake Finance

Once your deposit has been confirmed, you'll now have access to your funds and you can launch invest and trading. To invest in Rake Finance (RAK) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

To discover (RAK) Rake Finance, you will need to insert the shortname of the coin (RAK) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have highlighted this too. Click on “RAK/BTC” to go on.

Binance How To Buy 1 Rake Finance (RAK)
Step 4 – Buy (RAK) Rake Finance

As soon as you have discovered (RAK) Rake Finance, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date price Rake Finance (RAK) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of RAK you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of RAK.

When you're satisfied, click on “Buy RAK”. Your plan will be filled when a Seller sells their RAK for the price you offered.

Step 5 – Withdraw (RAK) Rake Finance

Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to withdraw your Rake Finance (RAK), hover over the “Funds” tab and mouse click on “Withdraw”. Rake Finance (RAK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Rake Finance (RAK) by using the provided drop-down box. Drop in the amount of (RAK) Rake Finance you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congrats! You've successfully bought and stored (RAK) Rake Finance.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Rake Finance (RAK) is stored within your wallet, you're finished.