A Step-by-Step-Guide on how to buy Red (RED)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) 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 identical. Red (RED) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Red (RED) Once your deposit has been confirmed, you will now have access to your funds and you can start purchasing and trading. To purchase Red (RED) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Red (RED), you will need to insert the cointype (RED) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “RED/BTC” to progress.
Step 4 – Acquisition of Red (RED) As soon as you've discovered Red (RED), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Red (RED) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of RED you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of RED. When you are satisfied, click on “Buy RED”. Your order will be filled when a Vender sells their RED for the price you gave.
Step 5 – Withdraw Red (RED) Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an extended period of time. To take off your Red (RED), go to the ”Funds” tab and mouse click on “Withdraw”. Red (RED) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Red (RED) by using the given drop-down box. Drop in the volumen of Red (RED) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.