A Step-by-Step-Guide on how to buy Refereum (RFR)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Refereum (RFR) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the right 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're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Refereum (RFR) Once your deposit has been approved, you'll instantly have access to your finances and you can begin buying and trading. To purchase Refereum (RFR) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to discover Refereum (RFR), you'll need to insert the shortname of the coin (RFR) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “RFR/BTC” to progress.
Step 4 – Purchasing (RFR) Refereum After you have discovered (RFR) Refereum, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the up-to-date rate (RFR) Refereum was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of RFR you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of RFR. When you are satisfied, click on “Buy RFR”. Your order will be filled when a Vender trades their RFR for the price you introduced.
Step 5 – Withdraw Refereum (RFR) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your Refereum (RFR), go to the ”Funds” tab and click on “Withdraw”. Refereum (RFR) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Refereum (RFR) by using the given drop-down box. Drop in the amount of Refereum (RFR) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.