How to Buy Ink Protocol (XNK) in Anguilla

A Step-by-Step-Guide on how to buy Ink Protocol (XNK) in Anguilla

Step 1 – Join Coinmama

You'll first need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ink Protocol (XNK) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Ink Protocol (XNK)

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can start buying and trading. To purchase Ink Protocol (XNK) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate Ink Protocol (XNK), you'll need to put the shortname of the coin (XNK) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “XNK/BTC” to progress.

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

After you've discovered Ink Protocol (XNK), 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 going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff Ink Protocol (XNK) was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of XNK you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole amount of XNK.

If you're satisfied, click on “Buy XNK”. Your plan will be filled when a Vendor sells their XNK for the price you submitted.

Step 5 – Withdraw Ink Protocol (XNK)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to withdraw your Ink Protocol (XNK), hover over the ”Funds” tab and click on “Withdraw”. Ink Protocol (XNK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ink Protocol (XNK) by using the provided drop-down box. Drop in the amount of Ink Protocol (XNK) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and stored Ink Protocol (XNK) in Anguilla.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Ink Protocol (XNK) is safe within your wallet, you are done.

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