A Step-by-Step-Guide on how to buy Ravencoin Classic ()
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ravencoin Classic () is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate () Ravencoin Classic As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin buying and trading. To buy Ravencoin Classic () on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To find Ravencoin Classic (), you will need to put the shortname of the coin () into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “/BTC” to proceed.
Step 4 – Purchasing () Ravencoin Classic As soon as you've spotted Ravencoin Classic (), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the latest price () Ravencoin Classic was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of . When you are satisfied, make a mouse click on “Buy “. Your plan will be filled when a Seller trades their for the price you offered.
Step 5 – Withdraw () Ravencoin Classic Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to withdraw your Ravencoin Classic (), hover over the “Funds” tab and click on “Withdraw”. Ravencoin Classic () can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ravencoin Classic () by using the given drop-down box. Enter the volumen of Ravencoin Classic () you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.