A Step-by-Step-Guide on how to buy Bitcoin Rhodium (XRC)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your first $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitcoin Rhodium (XRC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (XRC) Bitcoin Rhodium Once your deposit has been affirmed, you'll directly have access to your finances and you can start buying and trading. To buy (XRC) Bitcoin Rhodium on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To find (XRC) Bitcoin Rhodium, you'll need to insert the cointype (XRC) into the search-box, which is marked in the image. Make sure you have selected the right pairing, we have marked this also. Click on “XRC/BTC” to advance.
Step 4 – Buy (XRC) Bitcoin Rhodium Once you've located (XRC) Bitcoin Rhodium, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (XRC) Bitcoin Rhodium was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of XRC you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole amount of XRC. When you're happy, click on “Buy XRC”. Your order will be filled as soon as a Seller sells their XRC for the price you gave.
Step 5 – Withdraw Bitcoin Rhodium (XRC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Bitcoin Rhodium (XRC), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Rhodium (XRC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Rhodium (XRC) by using the provided drop-down box. Drop in the amount of Bitcoin Rhodium (XRC) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.