How to Buy THORChain (RUNE) in Anguilla

A Step-by-Step-Guide on how to buy THORChain (RUNE) in Anguilla

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transfer 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. All exchanges have a deposit form that is similar. THORChain (RUNE) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find {THORChain (RUNE)|(RUNE) THORChain}

Once your deposit has been approved, you'll immediately have access to your finances and you can start buying and trading. To purchase {THORChain (RUNE)|(RUNE) THORChain} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To spot {THORChain (RUNE)|(RUNE) THORChain}, you'll need to put the short name of the asset (RUNE) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “RUNE/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} THORChain (RUNE)
Step 4 – Buy {THORChain (RUNE)|(RUNE) THORChain}

After you have found {THORChain (RUNE)|(RUNE) THORChain}, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff {THORChain (RUNE)|(RUNE) THORChain} was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of RUNE you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of RUNE.

When you're satisfied, click on “Buy RUNE”. Your plan will be filled as soon as a Seller sells their RUNE for the price you introduced.

Step 5 – Withdraw {THORChain (RUNE)|(RUNE) THORChain}

Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extended time frame. In order to take off your {THORChain (RUNE)|(RUNE) THORChain}, hover over the ”Funds” tab and mouse click on “Withdraw”. {THORChain (RUNE)|(RUNE) THORChain} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {THORChain (RUNE)|(RUNE) THORChain} by using the provided drop-down box. Drop in the amount of {THORChain (RUNE)|(RUNE) THORChain} you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You have successfully purchased and stored THORChain (RUNE) in Anguilla.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {THORChain (RUNE)|(RUNE) THORChain} is safe within your wallet, you're all done.

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