A Step-by-Step-Guide on how to buy NKN (NKN)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. NKN (NKN) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (NKN) NKN As soon as your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To buy (NKN) NKN on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To spot (NKN) NKN, you will need to insert the cointype (NKN) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “NKN/BTC” to proceed.
Step 4 – Purchasing (NKN) NKN As soon as you've spotted (NKN) NKN, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our Limit Order. The ”Price” field will be filled automatically with the recent valuation (NKN) NKN was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of NKN you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of NKN. If you're glad, make a mouse click on “Buy NKN”. Your plan will be filled as soon as a Vendor sells their NKN for the price you submitted.
Step 5 – Withdraw NKN (NKN) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time frame. To take off your NKN (NKN), hover over the ”Funds” tab and mouse click on “Withdraw”. NKN (NKN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate NKN (NKN) by using the provided drop-down box. Enter the amount of NKN (NKN) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.