How to Buy Ravencoin (RVN) in Anguilla

A Step-by-Step-Guide on how to buy Ravencoin (RVN) in Anguilla

Step 1 – Signup to Coinmama

You will first need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Ravencoin (RVN) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Ravencoin (RVN)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can commence purchasing and trading. To purchase Ravencoin (RVN) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Ravencoin (RVN), you will need to insert the shortname of the coin (RVN) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've marked this also. Click on “RVN/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ravencoin (RVN)
Step 4 – Purchasing Ravencoin (RVN)

As soon as you have spotted Ravencoin (RVN), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff Ravencoin (RVN) was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of RVN you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of RVN.

When you are happy, click on “Buy RVN”. Your plan will be filled as soon as a Seller trades their RVN for the price you gave.

Step 5 – Withdraw Ravencoin (RVN)

Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. In order to take off your Ravencoin (RVN), hover over the ”Funds” tab and click on “Withdraw”. Ravencoin (RVN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ravencoin (RVN) by using the provided drop-down box. Put into the quantity of Ravencoin (RVN) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and stored Ravencoin (RVN) in Anguilla.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Ravencoin (RVN) is stored in your wallet, you are done.

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