A Step-by-Step-Guide on how to buy Akash Network (AKT)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Akash Network (AKT) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Akash Network (AKT) As soon as your deposit has been approved, you'll instantly have access to your assets and you can start purchasing and trading. To purchase Akash Network (AKT) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To find Akash Network (AKT), you'll need to put the shortname of the coin (AKT) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “AKT/BTC” to advance.
Step 4 – Buy (AKT) Akash Network Once you have spotted (AKT) Akash Network, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff (AKT) Akash Network was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of AKT you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of AKT. If you're glad, make a mouse click on “Buy AKT”. Your order will be filled as soon as a Vendor trades their AKT for the price you submitted.
Step 5 – Withdraw Akash Network (AKT) Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to withdraw your Akash Network (AKT), hover over the ”Funds” tab and mouse click on “Withdraw”. Akash Network (AKT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Akash Network (AKT) by using the provided drop-down box. Drop in the quantity of Akash Network (AKT) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.