How to Buy Kyber Network (KNC) in Armenia

A Step-by-Step-Guide on how to buy Kyber Network (KNC) in Armenia

Step 1 – Join Coinmama

You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Kyber Network (KNC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find {Kyber Network (KNC)|(KNC) Kyber Network}

Once your deposit has been affirmed, you will instantly have access to your assets and you can start invest and trading. To buy {Kyber Network (KNC)|(KNC) Kyber Network} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To find {Kyber Network (KNC)|(KNC) Kyber Network}, you will need to insert the cointype (KNC) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “KNC/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Kyber Network (KNC)
Step 4 – Purchase {Kyber Network (KNC)|(KNC) Kyber Network}

Once you've located {Kyber Network (KNC)|(KNC) Kyber Network}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The ”Price” field will be filled with the most latest valuation {Kyber Network (KNC)|(KNC) Kyber Network} was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of KNC you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of KNC.

If you are satisfied, make a mouse click on “Buy KNC”. Your plan will be filled as soon as a Vendor trades their KNC for the price you offered.

Step 5 – Withdraw {Kyber Network (KNC)|(KNC) Kyber Network}

Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To take off your {Kyber Network (KNC)|(KNC) Kyber Network}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Kyber Network (KNC)|(KNC) Kyber Network} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Kyber Network (KNC)|(KNC) Kyber Network} by using the provided drop-down box. Put into the volumen of {Kyber Network (KNC)|(KNC) Kyber Network} you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You have successfully bought and stored Kyber Network (KNC) in Armenia.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Kyber Network (KNC)|(KNC) Kyber Network} is safe inside your wallet, you are all done.

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