How to Buy renBTC (RENBTC) in Armenia

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

Step 1 – Signup to Coinmama

You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your Ethereum or Bitcoin.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. renBTC (RENBTC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate {renBTC (RENBTC)|(RENBTC) renBTC}

As soon as your deposit has been approved, you'll instantly have access to your funds and you can commence buying and trading. To invest in {renBTC (RENBTC)|(RENBTC) renBTC} on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To discover {renBTC (RENBTC)|(RENBTC) renBTC}, you'll need to insert the shortname of the coin (RENBTC) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “RENBTC/BTC” to progress.

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

After you've found {renBTC (RENBTC)|(RENBTC) renBTC}, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price {renBTC (RENBTC)|(RENBTC) renBTC} was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of RENBTC you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of RENBTC.

If you're happy, make a mouse click on “Buy RENBTC”. Your plan will be filled as soon as a Seller sells their RENBTC for the price you submitted.

Step 5 – Withdraw {renBTC (RENBTC)|(RENBTC) renBTC}

Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extended time frame. In order to take off your {renBTC (RENBTC)|(RENBTC) renBTC}, hover over the ”Funds” tab and mouse click on “Withdraw”. {renBTC (RENBTC)|(RENBTC) renBTC} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {renBTC (RENBTC)|(RENBTC) renBTC} by using the provided drop-down box. Enter the amount of {renBTC (RENBTC)|(RENBTC) renBTC} you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and safed renBTC (RENBTC) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with or and the {renBTC (RENBTC)|(RENBTC) renBTC} is stored within your wallet, you're done.

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