A Step-by-Step-Guide on how to buy THORChain (RUNE)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. THORChain (RUNE) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate THORChain (RUNE) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can begin purchasing and trading. To buy THORChain (RUNE) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover THORChain (RUNE), you'll need to insert the cointype (RUNE) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “RUNE/BTC” to go ahead.
Step 4 – Buy (RUNE) THORChain Once you've found (RUNE) THORChain, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (RUNE) THORChain was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of RUNE you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of RUNE. When you're happy, make a mouse click on “Buy RUNE”. Your order will be filled when a Seller sells their RUNE for the price you introduced.
Step 5 – Withdraw THORChain (RUNE) Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. To withdraw your THORChain (RUNE), hover over the ”Funds” tab and mouse click on “Withdraw”. THORChain (RUNE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find THORChain (RUNE) by using the given drop-down box. Enter the volumen of THORChain (RUNE) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.