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 – Send Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Raiden Network Token (RDN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Raiden Network Token (RDN)

Once your deposit has been confirmed, you'll now have access to your funds and you can commence buying and trading. To purchase Raiden Network Token (RDN) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To locate Raiden Network Token (RDN), you will need to insert the cointype (RDN) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “RDN/BTC” to continue.

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

As soon as you've found Raiden Network Token (RDN), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The ”Price” field will be filled with the most recent tariff Raiden Network Token (RDN) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of RDN you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of RDN.

If you are glad, make a mouse click on “Buy RDN”. Your order will be filled as soon as a Vender sells their RDN for the price you gave.

Step 5 – Withdraw Raiden Network Token (RDN)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To withdraw your Raiden Network Token (RDN), go to the ”Funds” tab and mouse click on “Withdraw”. Raiden Network Token (RDN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Raiden Network Token (RDN) by using the given drop-down box. Drop in the amount of Raiden Network Token (RDN) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you're satisfied, click “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You have successfully purchased and safed Raiden Network Token (RDN) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Raiden Network Token (RDN) is safe in your wallet, you are finished.

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