A Step-by-Step-Guide on how to buy REN (REN)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. REN (REN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find REN (REN) Once your deposit has been approved, you will directly have access to your assets and you can start purchasing and trading. To purchase REN (REN) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To discover REN (REN), you will need to insert the shortname of the coin (REN) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have marked this too. Click on “REN/BTC” to go ahead.
Step 4 – Purchase (REN) REN Once you've found (REN) REN, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to make our own Limit Order. The ”Price” field will be filled automatically with the latest tariff (REN) REN was sold for. You can change this to your desired rate. The ”Amount” field is the amount of REN you wish to purchase. The ”Total” field is the total price in BTC that you will settle for the complete amount of REN. If you are satisfied, make a mouse click on “Buy REN”. Your plan will be filled when a Vender trades their REN for the price you gave.
Step 5 – Withdraw (REN) REN Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to take off your (REN) REN, go to the tab called “Funds” and mouse click on “Withdraw”. (REN) REN can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (REN) REN by using the given drop-down box. Enter the quantity of (REN) REN you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.