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 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. NKN (NKN) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate NKN (NKN) Once your deposit has been verified, you will immediately have access to your assets and you can launch buying and trading. To buy NKN (NKN) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate NKN (NKN), you will need to put the short name of the asset (NKN) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “NKN/BTC” to progress.
Step 4 – Buying NKN (NKN) Once you've discovered NKN (NKN), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation NKN (NKN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of NKN you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of NKN. When you're glad, click on “Buy NKN”. Your plan will be filled when a Vender sells their NKN for the price you offered.
Step 5 – Withdraw NKN (NKN) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your NKN (NKN), hover over the ”Funds” tab and mouse click on “Withdraw”. NKN (NKN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NKN (NKN) by using the provided drop-down box. Drop in the volumen of NKN (NKN) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You may be requested for email/phone verification before a withdrawal.