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How to Buy renBTC (RENBTC)

A Step-by-Step-Guide on how to buy renBTC (RENBTC)

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. renBTC (RENBTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find renBTC (RENBTC)

As soon as your deposit has been verified, you will now have access to your assets and you can start invest and trading. To invest in renBTC (RENBTC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find renBTC (RENBTC), you'll need to insert the cointype (RENBTC) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “RENBTC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} renBTC (RENBTC)
Step 4 – Buy renBTC (RENBTC)

As soon as you have discovered renBTC (RENBTC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price renBTC (RENBTC) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of RENBTC you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of RENBTC.

If you are happy, make a mouse click on “Buy RENBTC”. Your order will be filled as soon as a Vender sells their RENBTC for the price you introduced.

Step 5 – Withdraw renBTC (RENBTC)

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your renBTC (RENBTC), go to the tab called “Funds” and click on “Withdraw”. renBTC (RENBTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate renBTC (RENBTC) by using the given drop-down box. Drop in the volumen of renBTC (RENBTC) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You may be requested for email/phone verification before a take off.

Congratulations! You've successfully purchased and safed renBTC (RENBTC).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the renBTC (RENBTC) is stored within your wallet, you're all done.
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