Skip to content Skip to footer

How to Buy Rocket Pool (RPL)

A Step-by-Step-Guide on how to buy Rocket Pool (RPL)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Rocket Pool (RPL) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate Rocket Pool (RPL)

Once your deposit has been affirmed, you'll directly have access to your assets and you can initiate buying and trading. To invest in Rocket Pool (RPL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To find Rocket Pool (RPL), you'll need to insert the cointype (RPL) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we have marked this also. Click on “RPL/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Rocket Pool (RPL)
Step 4 – Purchasing Rocket Pool (RPL)

As soon as you've found Rocket Pool (RPL), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The ”Price” field will be filled with the most latest price Rocket Pool (RPL) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of RPL you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of RPL.

If you're happy, click on “Buy RPL”. Your plan will be filled when a Vender trades their RPL for the price you offered.

Step 5 – Withdraw Rocket Pool (RPL)

Unless you're regularly trading, you should never keepyour coins on an Exchange for an longer time period. To withdraw your Rocket Pool (RPL), hover over the ”Funds” tab and click on “Withdraw”. Rocket Pool (RPL) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Rocket Pool (RPL) by using the provided drop-down box. Enter the volumen of Rocket Pool (RPL) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully purchased and stored Rocket Pool (RPL).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Rocket Pool (RPL) is stored inside your wallet, you're done.

Some other Guides on How to buy different Altcoins

How to Buy 0x
How to Buy Nexus Mutual
How to Buy Altcoins
/* */Generated by MPG