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How to Buy Kyber Network (KNC)

A Step-by-Step-Guide on how to buy Kyber Network (KNC)

Step 1 – Join CEX.io

You will first need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Kyber Network (KNC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Kyber Network (KNC)

As soon as your deposit has been confirmed, you will now have access to your assets and you can start invest and trading. To invest in Kyber Network (KNC) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To spot Kyber Network (KNC), you will need to insert the short name of the asset (KNC) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this too. Click on “KNC/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Kyber Network (KNC)
Step 4 – Buy Kyber Network (KNC)

As soon as you've discovered Kyber Network (KNC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order.

The ”Price” field will be filled with the most recent price Kyber Network (KNC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of KNC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of KNC.

When you're glad, make a mouse click on “Buy KNC”. Your order will be filled as soon as a Vender trades their KNC for the price you offered.

Step 5 – Withdraw Kyber Network (KNC)

Unless you are frequently trading, never keep your coins on an Crypto Trader for an extensive time period. In order to take off your Kyber Network (KNC), go to the tab called “Funds” and click on “Withdraw”. Kyber Network (KNC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Kyber Network (KNC) by using the given drop-down box. Put into the amount of Kyber Network (KNC) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Congratulations! You have successfully purchased and safed Kyber Network (KNC).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the Kyber Network (KNC) is safe inside your wallet, you are finished.

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