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How to Buy Riecoin (RIC)

A Step-by-Step-Guide on how to buy Riecoin (RIC)

Step 1 – Signup to CEX.io

You will first need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your Bitcoin or Ethereum.

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Riecoin (RIC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate Riecoin (RIC)

As soon as your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To purchase Riecoin (RIC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate Riecoin (RIC), you will need to put the cointype (RIC) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “RIC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Riecoin (RIC)
Step 4 – Purchase Riecoin (RIC)

As soon as you've found Riecoin (RIC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation Riecoin (RIC) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of RIC you like to buy. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of RIC.

If you are satisfied, click on “Buy RIC”. Your order will be filled as soon as a Vender sells their RIC for the price you offered.

Step 5 – Withdraw Riecoin (RIC)

Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Riecoin (RIC), hover over the ”Funds” tab and mouse click on “Withdraw”. Riecoin (RIC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Riecoin (RIC) by using the given drop-down box. Drop in the amount of Riecoin (RIC) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You have successfully purchased and safed Riecoin (RIC).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Riecoin (RIC) is stored in your wallet, you are all done.

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