A Step-by-Step-Guide on how to buy THORChain (RUNE)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and to get your welcome $10.
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. THORChain (RUNE) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (RUNE) THORChain Once your deposit has been affirmed, you will instantly have access to your assets and you can commence invest and trading. To invest in (RUNE) THORChain on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (RUNE) THORChain, you will need to insert the cointype (RUNE) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “RUNE/BTC” to progress.
Step 4 – Buying (RUNE) THORChain After you have discovered (RUNE) THORChain, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the latest rate (RUNE) THORChain was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of RUNE you like to buy. The ”Total” field is the whole price in BTC that you will settle for the complete amount of RUNE. If you are satisfied, click on “Buy RUNE”. Your order will be filled as soon as a Vendor trades their RUNE for the price you offered.
Step 5 – Withdraw (RUNE) THORChain Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your (RUNE) THORChain, go to the ”Funds” tab and mouse click on “Withdraw”. (RUNE) THORChain can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RUNE) THORChain by using the provided drop-down box. Drop in the amount of (RUNE) THORChain you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.