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How to Buy Rubycoin (RBY)

A Step-by-Step-Guide on how to buy Rubycoin (RBY)

Step 1 – Signup to CEX.io

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

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Rubycoin (RBY) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Rubycoin (RBY)

As soon as your deposit has been confirmed, you will directly have access to your finances and you can initiate buying and trading. To invest in Rubycoin (RBY) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

In order to find Rubycoin (RBY), you will need to put the shortname of the coin (RBY) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “RBY/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Rubycoin (RBY)
Step 4 – Acquisition of (RBY) Rubycoin

As soon as you have located (RBY) Rubycoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate (RBY) Rubycoin was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of RBY you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of RBY.

If you're satisfied, make a mouse click on “Buy RBY”. Your plan will be filled when a Vender sells their RBY for the price you introduced.

Step 5 – Withdraw (RBY) Rubycoin

Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an longer time frame. In order to take off your (RBY) Rubycoin, go to the tab called “Funds” and mouse click on “Withdraw”. (RBY) Rubycoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (RBY) Rubycoin by using the given drop-down box. Drop in the quantity of (RBY) Rubycoin you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Congrats! You've successfully purchased and stored (RBY) Rubycoin.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (RBY) Rubycoin is safe in your wallet, you are finished.

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