A Step-by-Step-Guide on how to buy NavCoin (NAV)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. NavCoin (NAV) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate NavCoin (NAV) As soon as your deposit has been approved, you'll now have access to your assets and you can initiate purchasing and trading. To purchase NavCoin (NAV) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find NavCoin (NAV), you'll need to put the shortname of the coin (NAV) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this also. Click on “NAV/BTC” to advance.
Step 4 – Buy NavCoin (NAV) After you've found NavCoin (NAV), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation NavCoin (NAV) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of NAV you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole quantity of NAV. When you are happy, make a mouse click on “Buy NAV”. Your plan will be filled when a Vender sells their NAV for the price you submitted.
Step 5 – Withdraw NavCoin (NAV) Unless you're trading, best advise is not to keep your coins on an Exchange for an extensive time frame. To withdraw your NavCoin (NAV), hover over the ”Funds” tab and click on “Withdraw”. NavCoin (NAV) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NavCoin (NAV) by using the provided drop-down box. Enter the amount of NavCoin (NAV) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.