How to Buy THORChain (RUNE)

A Step-by-Step-Guide on how to buy THORChain (RUNE)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. THORChain (RUNE) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (RUNE) THORChain

As soon as your deposit has been affirmed, you'll directly have access to your finances and you can start purchasing and trading. To purchase (RUNE) THORChain on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

In order to find (RUNE) THORChain, you'll need to put the cointype (RUNE) into the search box, which is marked in the graphic. Be certain of having selected the proper pairing, we have marked this also. Click on “RUNE/BTC” to advance.

Binance How To Buy 1 THORChain (RUNE)
Step 4 – Acquisition of THORChain (RUNE)

After you have found THORChain (RUNE), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The “Price” field will be automatically filled with the up-to-date rate (RUNE) THORChain was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of RUNE you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of RUNE.

If you are glad, make a mouse click on “Buy RUNE”. Your order will be filled when a Seller sells their RUNE for the price you introduced.

Step 5 – Withdraw (RUNE) THORChain

Unless you are trading, never keep your coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (RUNE) THORChain, go to the tab called “Funds” and mouse click on “Withdraw”. (RUNE) THORChain can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find THORChain (RUNE) by using the provided drop-down box. Put into the volumen of (RUNE) THORChain you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and safed (RUNE) THORChain.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the THORChain (RUNE) is stored in your wallet, you are done.