How to Buy Ripio Credit Network (RCN) in Armenia

A Step-by-Step-Guide on how to buy Ripio Credit Network (RCN) in Armenia

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Ripio Credit Network (RCN) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have selected the exact 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're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}

As soon as your deposit has been verified, you will instantly have access to your funds and you can start buying and trading. To buy {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to find {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}, you will need to insert the short name of the asset (RCN) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this also. Click on “RCN/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ripio Credit Network (RCN)
Step 4 – Buying {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}

As soon as you have located {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}, 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 making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of RCN you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of RCN.

If you're satisfied, make a mouse click on “Buy RCN”. Your order will be filled when a Seller trades their RCN for the price you gave.

Step 5 – Withdraw {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}

Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network}, go to the ”Funds” tab and click on “Withdraw”. {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} by using the given drop-down box. Put into the amount of {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Kudos! You've successfully bought and stored Ripio Credit Network (RCN) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the {Ripio Credit Network (RCN)|(RCN) Ripio Credit Network} is stored within your wallet, you're finished.

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