How to Buy Raiden Network Token (RDN) in Armenia

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

Step 1 – Join Coinmama

You'll first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin 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 available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate {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 launch buying and trading. To purchase {Raiden Network Token (RDN)|(RDN) Raiden Network Token} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, you'll need to insert the shortname of the coin (RDN) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted 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 – Acquisition of {Raiden Network Token (RDN)|(RDN) Raiden Network Token}

After you have located {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation {Raiden Network Token (RDN)|(RDN) Raiden Network Token} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of RDN you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of RDN.

If you are happy, click on “Buy RDN”. Your order will be filled as soon as a Vendor sells their RDN for the price you introduced.

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

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an longer time period. In order to withdraw your {Raiden Network Token (RDN)|(RDN) Raiden Network Token}, go to the ”Funds” tab and click on “Withdraw”. {Raiden Network Token (RDN)|(RDN) Raiden Network Token} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Raiden Network Token (RDN)|(RDN) Raiden Network Token} by using the given drop-down box. Drop in the amount of {Raiden Network Token (RDN)|(RDN) Raiden Network Token} you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, click on “Submit”. You may be asked for email/phone verification before a take off.

Congrats! You have successfully purchased and safed Raiden Network Token (RDN) in Armenia.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Raiden Network Token (RDN)|(RDN) Raiden Network Token} is safe in your wallet, you are all done.

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