A Step-by-Step-Guide on how to buy Rilcoin (RIL)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Rilcoin (RIL) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate (RIL) Rilcoin As soon as your deposit has been approved, you will instantly have access to your assets and you can initiate buying and trading. To buy (RIL) Rilcoin on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To find (RIL) Rilcoin, you will need to insert the short name of the asset (RIL) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “RIL/BTC” to progress.
Step 4 – Buy Rilcoin (RIL) Once you've spotted Rilcoin (RIL), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price Rilcoin (RIL) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of RIL you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of RIL. If you are happy, make a mouse click on “Buy RIL”. Your order will be filled as soon as a Vendor sells their RIL for the price you offered.
Step 5 – Withdraw Rilcoin (RIL) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to take off your Rilcoin (RIL), go to the tab called “Funds” and click on “Withdraw”. Rilcoin (RIL) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Rilcoin (RIL) by using the provided drop-down box. Put into the quantity of Rilcoin (RIL) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.