How to Buy REN (REN) in Armenia

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

Step 1 – Join Coinmama

You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. REN (REN) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find {REN (REN)|(REN) REN}

As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can begin invest and trading. To buy {REN (REN)|(REN) REN} on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate {REN (REN)|(REN) REN}, you'll need to put the shortname of the coin (REN) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “REN/BTC” to proceed.

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

Once you've spotted {REN (REN)|(REN) REN}, 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're creating our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff {REN (REN)|(REN) REN} was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of REN you like to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of REN.

When you're satisfied, click on “Buy REN”. Your plan will be filled as soon as a Vendor trades their REN for the price you gave.

Step 5 – Withdraw {REN (REN)|(REN) REN}

Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an longer period of time. To take off your {REN (REN)|(REN) REN}, hover over the tab called “Funds” and mouse click on “Withdraw”. {REN (REN)|(REN) REN} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {REN (REN)|(REN) REN} by using the given drop-down box. Enter the volumen of {REN (REN)|(REN) REN} you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click “Submit”. You may be asked for phone/email verification before a take off.

Congrats! You've successfully bought and stored REN (REN) in Armenia.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {REN (REN)|(REN) REN} is stored inside your wallet, you are done.

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