A Step-by-Step-Guide on how to buy Aave KNC (AKNC)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Aave KNC (AKNC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (AKNC) Aave KNC As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To invest in (AKNC) Aave KNC on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to spot (AKNC) Aave KNC, you'll need to put the shortname of the coin (AKNC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “AKNC/BTC” to advance.
Step 4 – Purchase Aave KNC (AKNC) After you've discovered Aave KNC (AKNC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our own Limit Order. The ”Price” field will be filled with the most latest price Aave KNC (AKNC) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of AKNC you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of AKNC. If you're happy, click on “Buy AKNC”. Your order will be filled as soon as a Vender trades their AKNC for the price you introduced.
Step 5 – Withdraw Aave KNC (AKNC) Unless you're trading, never keep your crypto coins on an Exchange for an extensive time frame. In order to take off your Aave KNC (AKNC), hover over the tab called “Funds” and mouse click on “Withdraw”. Aave KNC (AKNC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave KNC (AKNC) by using the given drop-down box. Enter the amount of Aave KNC (AKNC) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.