A Step-by-Step-Guide on how to buy Red (RED) in Anguilla
Step 1 – Join Coinmama You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Red (RED) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Red (RED) Once your deposit has been affirmed, you will directly have access to your funds and you can launch purchasing and trading. To buy Red (RED) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot Red (RED), you will need to insert the shortname of the coin (RED) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “RED/BTC” to progress.
Step 4 – Buying Red (RED) As soon as you've spotted Red (RED), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Red (RED) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of RED you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of RED. If you are satisfied, click on “Buy RED”. Your order will be filled as soon as a Vender trades their RED for the price you gave.
Step 5 – Withdraw Red (RED) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To take off your Red (RED), go to the ”Funds” tab and mouse click on “Withdraw”. Red (RED) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Red (RED) by using the provided drop-down box. Drop in the amount of Red (RED) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.
Congratulations! You've successfully bought and stored Red (RED) in Anguilla.That's it! Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Red (RED) is stored within your wallet, you're finished.
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