How to Buy THORChain (RUNE) in Armenia

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

Step 1 – Signup to Coinmama

You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. THORChain (RUNE) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

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

Once your deposit has been affirmed, you'll directly 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 tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate {THORChain (RUNE)|(RUNE) THORChain}, you'll need to put the cointype (RUNE) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have 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 – Purchasing {THORChain (RUNE)|(RUNE) THORChain}

After you've found {THORChain (RUNE)|(RUNE) THORChain}, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most recent price {THORChain (RUNE)|(RUNE) THORChain} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of RUNE you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of RUNE.

If you are satisfied, make a mouse click on “Buy RUNE”. Your order will be filled when a Vendor trades their RUNE for the price you introduced.

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

Unless you're regularly trading, never keep your crypto coins on an Exchange for an longer time frame. To withdraw your {THORChain (RUNE)|(RUNE) THORChain}, hover over the ”Funds” tab and 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 given drop-down box. Drop in the amount of {THORChain (RUNE)|(RUNE) THORChain} you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congratulations! You have successfully bought and stored THORChain (RUNE) in Armenia.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with or and the {THORChain (RUNE)|(RUNE) THORChain} is safe in your wallet, you're finished.

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