A Step-by-Step-Guide on how to buy Bitcoin Rhodium (XRC)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bitcoin Rhodium (XRC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Bitcoin Rhodium (XRC) As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To buy Bitcoin Rhodium (XRC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To find Bitcoin Rhodium (XRC), you'll need to put the cointype (XRC) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “XRC/BTC” to progress.
Step 4 – Buying (XRC) Bitcoin Rhodium After you've discovered (XRC) Bitcoin Rhodium, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent rate (XRC) Bitcoin Rhodium was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XRC you want to buy. The ”Total” field is the total price in BTC that you'll pay for the complete quantity of XRC. When you are happy, click on “Buy XRC”. Your order will be filled as soon as a Vendor trades their XRC for the price you introduced.
Step 5 – Withdraw (XRC) Bitcoin Rhodium Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To take off your (XRC) Bitcoin Rhodium, hover over the tab called “Funds” and mouse click on “Withdraw”. (XRC) Bitcoin Rhodium can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XRC) Bitcoin Rhodium by using the given drop-down box. Enter the volumen of (XRC) Bitcoin Rhodium you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.