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How to Buy renZEC (RENZEC)

A Step-by-Step-Guide on how to buy renZEC (RENZEC)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. renZEC (RENZEC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find renZEC (RENZEC)

Once your deposit has been confirmed, you will now have access to your finances and you can commence invest and trading. To buy renZEC (RENZEC) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to locate renZEC (RENZEC), you'll need to put the shortname of the coin (RENZEC) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “RENZEC/BTC” to proceed.

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

Once you've discovered renZEC (RENZEC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date price renZEC (RENZEC) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of RENZEC you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete volumen of RENZEC.

When you're glad, click on “Buy RENZEC”. Your plan will be filled as soon as a Seller trades their RENZEC for the price you offered.

Step 5 – Withdraw renZEC (RENZEC)

Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive period of time. In order to take off your renZEC (RENZEC), hover over the tab called “Funds” and mouse click on “Withdraw”. renZEC (RENZEC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate renZEC (RENZEC) by using the given drop-down box. Put into the volumen of renZEC (RENZEC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You could be asked for phone/email verification before a take off.

Congratulations! You've successfully purchased and safed renZEC (RENZEC).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the renZEC (RENZEC) is stored within your wallet, you're done.

Some other Guides on How to buy different Altcoins

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How to Buy Edenchain
How to Buy Altcoins
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