How to Buy Ravencoin (RVN) in Armenia

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

Step 1 – Join Coinmama

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ravencoin (RVN) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find {Ravencoin (RVN)|(RVN) Ravencoin}

Once your deposit has been confirmed, you'll directly have access to your finances and you can commence invest and trading. To purchase {Ravencoin (RVN)|(RVN) Ravencoin} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

To spot {Ravencoin (RVN)|(RVN) Ravencoin}, you'll need to insert the cointype (RVN) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “RVN/BTC” to progress.

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

Once you have located {Ravencoin (RVN)|(RVN) Ravencoin}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate {Ravencoin (RVN)|(RVN) Ravencoin} was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of RVN you want to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of RVN.

When you're satisfied, click on “Buy RVN”. Your plan will be filled when a Seller trades their RVN for the price you submitted.

Step 5 – Withdraw {Ravencoin (RVN)|(RVN) Ravencoin}

Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your {Ravencoin (RVN)|(RVN) Ravencoin}, hover over the ”Funds” tab and click on “Withdraw”. {Ravencoin (RVN)|(RVN) Ravencoin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Ravencoin (RVN)|(RVN) Ravencoin} by using the given drop-down box. Drop in the volumen of {Ravencoin (RVN)|(RVN) Ravencoin} you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Congrats! You have successfully purchased and stored Ravencoin (RVN) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the {Ravencoin (RVN)|(RVN) Ravencoin} is stored inside your wallet, you are all done.

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