A Step-by-Step-Guide on how to buy Riecoin (RIC)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Riecoin (RIC) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (RIC) Riecoin Once your deposit has been affirmed, you will immediately have access to your finances and you can start purchasing and trading. To buy (RIC) Riecoin on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate (RIC) Riecoin, you will need to put the short name of the asset (RIC) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this too. Click on “RIC/BTC” to advance.
Step 4 – Acquisition of (RIC) Riecoin After you've found (RIC) Riecoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order. The field with the “Price” tag will be filled with the most recent rate (RIC) Riecoin was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of RIC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of RIC. When you're glad, click on “Buy RIC”. Your plan will be filled as soon as a Seller trades their RIC for the price you introduced.
Step 5 – Withdraw (RIC) Riecoin Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To take off your (RIC) Riecoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (RIC) Riecoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (RIC) Riecoin by using the provided drop-down box. Enter the volumen of (RIC) Riecoin you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.