A Step-by-Step-Guide on how to buy NavCoin (NAV)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. NavCoin (NAV) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (NAV) NavCoin As soon as your deposit has been verified, you'll instantly have access to your assets and you can begin buying and trading. To invest in (NAV) NavCoin on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (NAV) NavCoin, you'll need to insert the short name of the asset (NAV) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “NAV/BTC” to advance.
Step 4 – Purchasing NavCoin (NAV) Once you have discovered NavCoin (NAV), 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 going to create our own Limit Order. The field with the “Price” tag will be filled with the latest tariff NavCoin (NAV) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of NAV you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of NAV. When you're happy, make a mouse click on “Buy NAV”. Your plan will be filled when a Seller sells their NAV for the price you introduced.
Step 5 – Withdraw NavCoin (NAV) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. In order to withdraw your NavCoin (NAV), go to the ”Funds” tab and mouse click on “Withdraw”. NavCoin (NAV) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate NavCoin (NAV) by using the provided drop-down box. Enter the volumen of NavCoin (NAV) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via phone/email before a take off.