How to Buy Raiden Network Token (RDN) in Anguilla

A Step-by-Step-Guide on how to buy Raiden Network Token (RDN) in Anguilla

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the major currencies. Exchanges normally 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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Raiden Network Token (RDN) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find {Raiden Network Token (RDN)|(RDN) Raiden Network Token}

As soon as your deposit has been verified, you'll now have access to your funds and you can begin purchasing and trading. To invest in {Raiden Network Token (RDN)|(RDN) Raiden Network Token} on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, you'll need to put the short name of the asset (RDN) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this also. Click on “RDN/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Raiden Network Token (RDN)
Step 4 – Purchasing {Raiden Network Token (RDN)|(RDN) Raiden Network Token}

Once you have found {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate {Raiden Network Token (RDN)|(RDN) Raiden Network Token} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of RDN you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of RDN.

When you are glad, click on “Buy RDN”. Your plan will be filled when a Vendor sells their RDN for the price you gave.

Step 5 – Withdraw {Raiden Network Token (RDN)|(RDN) Raiden Network Token}

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extended time period. To take off your {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Raiden Network Token (RDN)|(RDN) Raiden Network Token} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Raiden Network Token (RDN)|(RDN) Raiden Network Token} by using the provided drop-down box. Enter the amount of {Raiden Network Token (RDN)|(RDN) Raiden Network Token} you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congrats! You've successfully purchased and safed Raiden Network Token (RDN) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the {Raiden Network Token (RDN)|(RDN) Raiden Network Token} is safe inside your wallet, you are finished.

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