A Step-by-Step-Guide on where to buy Rake Finance (RAK)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Rake Finance (RAK) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Rake Finance (RAK) As soon as your deposit has been verified, you will immediately have access to your funds and you can launch buying and trading. To buy Rake Finance (RAK) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to find Rake Finance (RAK), you'll need to insert the shortname of the coin (RAK) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this too. Click on “RAK/BTC” to proceed.
Step 4 – Acquisition of Rake Finance (RAK) Once you have found Rake Finance (RAK), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Rake Finance (RAK) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of RAK you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of RAK. When you are happy, click on “Buy RAK”. Your plan will be filled when a Seller sells their RAK for the price you gave.
Step 5 – Withdraw Rake Finance (RAK) Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. To withdraw your Rake Finance (RAK), go to the tab called “Funds” and click on “Withdraw”. Rake Finance (RAK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Rake Finance (RAK) by using the given drop-down box. Drop in the amount of Rake Finance (RAK) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.