A Step-by-Step-Guide on how to buy NKN (NKN)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. NKN (NKN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate NKN (NKN) Once your deposit has been confirmed, you'll directly have access to your assets and you can commence buying and trading. To buy NKN (NKN) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover NKN (NKN), you'll need to insert the shortname of the coin (NKN) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this also. Click on “NKN/BTC” to go on.
Step 4 – Acquisition of NKN (NKN) Once you've discovered NKN (NKN), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation NKN (NKN) was sold for. You can change this to your desired price. The ”Amount” field is the amount of NKN you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of NKN. If you are glad, make a mouse click on “Buy NKN”. Your plan will be filled as soon as a Seller sells their NKN for the price you gave.
Step 5 – Withdraw NKN (NKN) Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your NKN (NKN), hover over the tab called “Funds” and click on “Withdraw”. NKN (NKN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NKN (NKN) by using the provided drop-down box. Enter the amount of NKN (NKN) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.