A Step-by-Step-Guide on how to buy BitKan (KAN)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BitKan (KAN) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected 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're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate BitKan (KAN) As soon as your deposit has been approved, you'll instantly have access to your assets and you can start buying and trading. To buy BitKan (KAN) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate BitKan (KAN), you'll need to put the cointype (KAN) into the search box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this also. Click on “KAN/BTC” to proceed.
Step 4 – Purchase BitKan (KAN) After you've located BitKan (KAN), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price BitKan (KAN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of KAN you want to purchase. The ”Total” field is the total price in BTC that you will settle for the whole quantity of KAN. If you are glad, click on “Buy KAN”. Your order will be filled when a Vender trades their KAN for the price you offered.
Step 5 – Withdraw BitKan (KAN) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. To take off your BitKan (KAN), go to the ”Funds” tab and click on “Withdraw”. BitKan (KAN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitKan (KAN) by using the provided drop-down box. Drop in the volumen of BitKan (KAN) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.