A Step-by-Step-Guide on how to buy Ravencoin (RVN)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and receive your welcome $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Ravencoin (RVN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (RVN) Ravencoin Once your deposit has been confirmed, you will instantly have access to your assets and you can start buying and trading. To purchase (RVN) Ravencoin on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to find (RVN) Ravencoin, you will need to put the shortname of the coin (RVN) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this too. Click on “RVN/BTC” to progress.
Step 4 – Buying Ravencoin (RVN) As soon as you've located Ravencoin (RVN), 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). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the latest rate Ravencoin (RVN) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of RVN you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of RVN. When you are glad, make a mouse click on “Buy RVN”. Your plan will be filled as soon as a Seller sells their RVN for the price you introduced.
Step 5 – Withdraw (RVN) Ravencoin Unless you're trading, never keep your crypto on an Exchange for an extended period of time. To take off your (RVN) Ravencoin, hover over the ”Funds” tab and click on “Withdraw”. (RVN) Ravencoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RVN) Ravencoin by using the provided drop-down box. Put into the amount of (RVN) Ravencoin you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You may be asked for verfication via email/phone before a take off.