How to Buy renBTC (RENBTC) in Anguilla

A Step-by-Step-Guide on how to buy renBTC (RENBTC) in Anguilla

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. renBTC (RENBTC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate renBTC (RENBTC)

As soon as your deposit has been affirmed, you will directly have access to your funds and you can start buying and trading. To purchase renBTC (RENBTC) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover renBTC (RENBTC), you'll need to put the shortname of the coin (RENBTC) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've highlighted this also. Click on “RENBTC/BTC” to continue.

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

Once you've discovered renBTC (RENBTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest rate renBTC (RENBTC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of RENBTC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of RENBTC.

If you are glad, make a mouse click on “Buy RENBTC”. Your order will be filled as soon as a Vender trades their RENBTC for the price you gave.

Step 5 – Withdraw renBTC (RENBTC)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. In order to take off your renBTC (RENBTC), hover over the tab called “Funds” and click on “Withdraw”. renBTC (RENBTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate renBTC (RENBTC) by using the given drop-down box. Put into the volumen of renBTC (RENBTC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Congratulations! You've successfully purchased and stored renBTC (RENBTC) in Anguilla.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the renBTC (RENBTC) is stored within your wallet, you are finished.

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