A Step-by-Step-Guide on how to buy Augur (REP)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Augur (REP) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Augur (REP) As soon as your deposit has been approved, you will now have access to your finances and you can start purchasing and trading. To purchase Augur (REP) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot Augur (REP), you'll need to insert the cointype (REP) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “REP/BTC” to proceed.
Step 4 – Buy Augur (REP) Once you have found Augur (REP), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest price Augur (REP) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of REP you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of REP. If you're satisfied, click on “Buy REP”. Your order will be filled when a Vender sells their REP for the price you offered.
Step 5 – Withdraw Augur (REP) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. To take off your Augur (REP), hover over the ”Funds” tab and mouse click on “Withdraw”. Augur (REP) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Augur (REP) by using the provided drop-down box. Put into the amount of Augur (REP) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.