A Step-by-Step-Guide on how to buy Augur (REP)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Augur (REP) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an 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, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (REP) Augur Once your deposit has been verified, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in (REP) Augur on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find (REP) Augur, you'll need to insert the shortname of the coin (REP) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “REP/BTC” to go on.
Step 4 – Purchasing Augur (REP) After you have discovered Augur (REP), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order. The ”Price” field will be automatically filled with the latest valuation Augur (REP) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of REP you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of REP. When you're happy, make a mouse click on “Buy REP”. Your order will be filled as soon as a Seller sells their REP for the price you submitted.
Step 5 – Withdraw Augur (REP) Unless you are trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. In order to withdraw your Augur (REP), go to the ”Funds” tab and mouse click on “Withdraw”. Augur (REP) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Augur (REP) by using the provided drop-down box. Drop in the volumen of Augur (REP) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.