A Step-by-Step-Guide on how to buy Rilcoin (RIL)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Rilcoin (RIL) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Rilcoin (RIL) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can launch invest and trading. To invest in Rilcoin (RIL) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot Rilcoin (RIL), you will need to put the shortname of the coin (RIL) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this also. Click on “RIL/BTC” to go on.
Step 4 – Buying Rilcoin (RIL) After you have found Rilcoin (RIL), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (RIL) Rilcoin was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of RIL you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of RIL. When you're glad, make a mouse click on “Buy RIL”. Your plan will be filled when a Vender trades their RIL for the price you submitted.
Step 5 – Withdraw Rilcoin (RIL) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. In order to take off your (RIL) Rilcoin, go to the tab called “Funds” and click on “Withdraw”. Rilcoin (RIL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Rilcoin (RIL) by using the provided drop-down box. Put into the amount of Rilcoin (RIL) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be requested for phone/email verification before a withdrawal.