A Step-by-Step-Guide on how to buy Reddcoin (RDD)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Reddcoin (RDD) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (RDD) Reddcoin Once your deposit has been approved, you will directly have access to your assets and you can launch buying and trading. To purchase (RDD) Reddcoin on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to discover (RDD) Reddcoin, you will need to put the cointype (RDD) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this too. Click on “RDD/BTC” to go ahead.
Step 4 – Acquisition of (RDD) Reddcoin After you've located (RDD) Reddcoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation (RDD) Reddcoin was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of RDD you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of RDD. When you're happy, click on “Buy RDD”. Your order will be filled when a Vendor trades their RDD for the price you introduced.
Step 5 – Withdraw Reddcoin (RDD) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. In order to take off your Reddcoin (RDD), go to the ”Funds” tab and mouse click on “Withdraw”. Reddcoin (RDD) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Reddcoin (RDD) by using the provided drop-down box. Drop in the quantity of Reddcoin (RDD) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be requested for phone/email verification before a take off.