A Step-by-Step-Guide on how to buy RedFOX Labs (RFOX)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. RedFOX Labs (RFOX) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (RFOX) RedFOX Labs As soon as your deposit has been verified, you'll immediately have access to your funds and you can launch purchasing and trading. To buy RedFOX Labs (RFOX) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find RedFOX Labs (RFOX), you'll need to put the cointype (RFOX) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we have highlighted this also. Click on “RFOX/BTC” to continue.
Step 4 – Buying (RFOX) RedFOX Labs After you've found RedFOX Labs (RFOX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate (RFOX) RedFOX Labs was traded for. You can change this to your preferred price. The “Amount” field is the quantity of RFOX you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of RFOX. When you're satisfied, click on “Buy RFOX”. Your order will be filled when a Vendor trades their RFOX for the price you submitted.
Step 5 – Withdraw RedFOX Labs (RFOX) Unless you are frequently trading, never keep your coins on an Exchange for an extensive time period. To take off your RedFOX Labs (RFOX), hover over the “Funds” tab and click on “Withdraw”. (RFOX) RedFOX Labs can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find RedFOX Labs (RFOX) by using the given drop-down box. Enter the volumen of (RFOX) RedFOX Labs you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.