A Step-by-Step-Guide on how to buy REN (REN)
Step 1 – Join CEX.io You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. REN (REN) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find REN (REN) As soon as your deposit has been verified, you'll instantly have access to your funds and you can initiate invest and trading. To invest in REN (REN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover REN (REN), you'll need to insert the cointype (REN) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “REN/BTC” to advance.
Step 4 – Buying REN (REN) As soon as you've spotted REN (REN), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the latest rate REN (REN) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of REN you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of REN. If you're glad, make a mouse click on “Buy REN”. Your order will be filled when a Vender sells their REN for the price you introduced.
Step 5 – Withdraw REN (REN) Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your REN (REN), go to the tab called “Funds” and mouse click on “Withdraw”. REN (REN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find REN (REN) by using the provided drop-down box. Enter the quantity of REN (REN) you'd like to take off. Don't forget the shown 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 email/phone before a take off.