A Step-by-Step-Guide on how to buy Kyber Network (KNC) in Anguilla
Step 1 – Join Coinmama You will first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Kyber Network (KNC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Kyber Network (KNC) Once your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To invest in Kyber Network (KNC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover Kyber Network (KNC), you'll need to insert the short name of the asset (KNC) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “KNC/BTC” to proceed.
Step 4 – Purchase Kyber Network (KNC) After you've spotted Kyber Network (KNC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Kyber Network (KNC) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of KNC you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete quantity of KNC. If you're glad, click on “Buy KNC”. Your plan will be filled when a Vender sells their KNC for the price you offered.
Step 5 – Withdraw Kyber Network (KNC) Unless you are frequently trading, you should never keepyour coins on an Exchange for an extended time frame. To take off your Kyber Network (KNC), hover over the tab called “Funds” and click on “Withdraw”. Kyber Network (KNC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Kyber Network (KNC) by using the given drop-down box. Enter the quantity of Kyber Network (KNC) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.
Congratulations! You have successfully bought and stored Kyber Network (KNC) in Anguilla.That's it! Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the Kyber Network (KNC) is stored in your wallet, you are all done.
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