How to Buy Kreds (KREDS) in Anguilla

A Step-by-Step-Guide on how to buy Kreds (KREDS) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Kreds (KREDS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Kreds (KREDS)

Once your deposit has been affirmed, you'll now have access to your funds and you can launch purchasing and trading. To purchase Kreds (KREDS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Kreds (KREDS), you will need to put the shortname of the coin (KREDS) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “KREDS/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Kreds (KREDS)
Step 4 – Buying Kreds (KREDS)

After you have discovered Kreds (KREDS), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation Kreds (KREDS) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of KREDS you like to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of KREDS.

When you're happy, click on “Buy KREDS”. Your plan will be filled as soon as a Seller trades their KREDS for the price you offered.

Step 5 – Withdraw Kreds (KREDS)

Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your Kreds (KREDS), hover over the tab called “Funds” and mouse click on “Withdraw”. Kreds (KREDS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Kreds (KREDS) by using the given drop-down box. Put into the volumen of Kreds (KREDS) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully bought and stored Kreds (KREDS) in Anguilla.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Kreds (KREDS) is stored within your wallet, you're all done.

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