How to Buy Reddcoin (RDD) in Australia

A Step-by-Step-Guide on how to buy Reddcoin (RDD) in Australia

Step 1 – Signup to Coinmama

You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Reddcoin (RDD) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find {Reddcoin (RDD)|(RDD) Reddcoin}

Once your deposit has been approved, you will now have access to your assets and you can start purchasing and trading. To buy {Reddcoin (RDD)|(RDD) Reddcoin} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to find {Reddcoin (RDD)|(RDD) Reddcoin}, you will need to put the shortname of the coin (RDD) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we've marked this also. Click on “RDD/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Reddcoin (RDD)
Step 4 – Acquisition of {Reddcoin (RDD)|(RDD) Reddcoin}

Once you have discovered {Reddcoin (RDD)|(RDD) Reddcoin}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be filled with the recent valuation {Reddcoin (RDD)|(RDD) Reddcoin} was traded for. This can be changed to your desired price. The ”Amount” field is the amount of RDD you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of RDD.

When you're glad, make a mouse click on “Buy RDD”. Your plan will be filled when a Seller sells their RDD for the price you offered.

Step 5 – Withdraw {Reddcoin (RDD)|(RDD) Reddcoin}

Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive time frame. To withdraw your {Reddcoin (RDD)|(RDD) Reddcoin}, go to the tab called “Funds” and click on “Withdraw”. {Reddcoin (RDD)|(RDD) Reddcoin} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Reddcoin (RDD)|(RDD) Reddcoin} by using the given drop-down box. Drop in the volumen of {Reddcoin (RDD)|(RDD) Reddcoin} you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully purchased and stored Reddcoin (RDD) in Australia.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Reddcoin (RDD)|(RDD) Reddcoin} is stored inside your wallet, you are finished.

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