A Step-by-Step-Guide on how to buy Kreds (KREDS)
Step 1 – Join CEX.io You will first 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 to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Kreds (KREDS) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Kreds (KREDS) As soon as your deposit has been verified, you will directly have access to your funds and you can commence buying and trading. To buy Kreds (KREDS) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To find Kreds (KREDS), you will need to insert the short name of the asset (KREDS) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “KREDS/BTC” to go ahead.
Step 4 – Purchase Kreds (KREDS) After you have located Kreds (KREDS), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order. The ”Price” field will be automatically filled with the up-to-date rate Kreds (KREDS) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of KREDS you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of KREDS. If you are satisfied, click on “Buy KREDS”. Your plan will be filled when a Seller trades their KREDS for the price you offered.
Step 5 – Withdraw Kreds (KREDS) Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive time frame. In order to withdraw your Kreds (KREDS), hover over the tab called “Funds” and click on “Withdraw”. Kreds (KREDS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Kreds (KREDS) by using the provided drop-down box. Drop in the quantity of Kreds (KREDS) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.