How to Buy Encocoin (XNK) in Austria

A Step-by-Step-Guide on how to buy Encocoin (XNK) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Encocoin (XNK) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate {Encocoin (XNK)|(XNK) Encocoin}

Once your deposit has been verified, you will immediately have access to your finances and you can initiate buying and trading. To buy {Encocoin (XNK)|(XNK) Encocoin} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To locate {Encocoin (XNK)|(XNK) Encocoin}, you will need to insert the cointype (XNK) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “XNK/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Encocoin (XNK)
Step 4 – Purchasing {Encocoin (XNK)|(XNK) Encocoin}

Once you've spotted {Encocoin (XNK)|(XNK) Encocoin}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate {Encocoin (XNK)|(XNK) Encocoin} was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of XNK you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of XNK.

When you are happy, click on “Buy XNK”. Your plan will be filled as soon as a Seller sells their XNK for the price you gave.

Step 5 – Withdraw {Encocoin (XNK)|(XNK) Encocoin}

Unless you're trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. In order to withdraw your {Encocoin (XNK)|(XNK) Encocoin}, go to the tab called “Funds” and click on “Withdraw”. {Encocoin (XNK)|(XNK) Encocoin} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Encocoin (XNK)|(XNK) Encocoin} by using the provided drop-down box. Put into the amount of {Encocoin (XNK)|(XNK) Encocoin} you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and safed Encocoin (XNK) in Austria.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Encocoin (XNK)|(XNK) Encocoin} is stored inside your wallet, you're finished.

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