Comprehensive guide on understanding what is Nanocurrency (previously called RaiBlocks), It’s token, purpose and how to buy XRB token from Binance. An Introduction to RaiBlocks now rebranded as Nanocurrency I think it’s important to understand at least the very basics of what you’re purchasing, so this and all future articles will include a short introduction to get you started. _To our valued community,_medium.com Nano Rebrand Announcement RaiBlocks is intended to be an entirely new currency, much like Bitcoin, but it has several differences and advantages over the existing blockchain technologies. If you want to learn more about how Nano or Raiblocks works, click to check my other article. here Let’s get started To begin with, we need to buy either Bitcoin or to buy any cryptocurrency on exchanges. So follow the link below to buy Ethereum on and then follow the next steps to buy NANO on . If you already have Ethereum with you — you can skip this step and go on to registration Ethereum Coinbase Binance Binance _Ethereum, a revolutionary platform on which more than 70% of coins are built. We explain here how to buy Ethereum…_hackernoon.com Follow this step by step guide to buy Ethereum NANO can be bought with Bitcoin too — just that it takes more time to transfer to another exchange, I am suggesting to go with Ethereum as it takes only few minutes. Register on Binance is a cryptocurrency exchange with relatively less transaction fees and been faring good so far without any issues and good support response. There are two options for trading platforms on : . I’ll be primarily covering the Basic trading option in this article, but you can check out the Advanced view below. There are not many differences between the two views with the exception of being able to do more detailed technical analysis in the Advanced view. Binance Binance Basic and Advanced Deposit your Ethereum to Binance Once you’ve registered on and logged in, you can see few menu items on top right corner. One of the is “ ” which has a sub menu item named “ ”. This is the place where you can see all your coins(purchased on Binance and received from other addresses). Binance Funds Deposits Withdrawals So in order to send Ethereum which we bought on or to , we need to have an Ethereum address — we can find this on this page. Coinbase Gemini Binance Check out the following screenshots to learn how to deposit Ethereum to from Binance Coinbase Copy the address and send your ether from / to this address. Coinbase Gemini Once you receive Ethereum on , Click on submenu item under on top left corner. Binance Basic Exchange Now we need to find NANO coin with Ethereum trading pair on list of currencies. Check out following screenshot and instructions beside to do this. Select ETH box on top right corner. This means you are looking for coins which can be traded with Ethereum. Write NANO in the search box above the coins list and it filters you as shown below. Now you can see NANO/ETH with current price. You are almost close to invest in NANO now. Just click on the NANO/ETH now. Click on NANO, which brings up the daily chart with candlesticks and orders on left side as shown below. Click on required green price on left side to populate your price for NANO in ETH (currently showing as 0.00032018 in above screen shot). Once you click, it changes to 0.00031555. Now you need to select how much of your ETH you would like to invest in NANO. Click on 25|50|75|100% to populate the amount of NANO you can buy at that price. You are free to choose the price from those green numbers- they are basically different offers by others — this is also called Limit purchase. Since you are beginner, you can also click on tab beside and select the ETH amount and click on — this basically buys at the market price. Market Limit Buy NANO Once it shows success, you can go to from the top right menu and search for NANO. Funds -> Deposits & Withdrawals Congrats on purchasing NANO. Here are few more guides on helping you purchase other crypto-currencies _With the rise of new cryptocurrencies, ADA seems to be a promising project and has good potential. This guide will help…_hackernoon.com Where & How to buy Cardano (ADA) _With the skyrocketing of IOTA, big question for many people who were on Coinbase and could see only 3 options is Where…_hackernoon.com Where & How to buy IOTA? _While trading in such volatile space of crypto trading and with so many bad people trying to steal your assets, you…_confusedcoin.com 10 rules every crypto trader should follow — Confused Coin _This is a step by step guide for understanding How to buy Litecoin or How to invest in Litecoin using Bank account or…_hackernoon.com Missed Bitcoin? Here’s how to buy Litecoin If you like this article and continue getting updates — please and follow me on twitter medium

Ethereum

Cardano

Litecoin

IOTA

Binance

Coinbase

fees

Twitter

Good things to learn from Bitcoin Bleeding

What happens to my XRB after Nano rebranding?

Write for BearTax

Read My Stories

Head of Product

Too Long; Didn't Read

Where & How to buy Nano (NANO or XRB)

Where & How to buy Nano (NANO or XRB)

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

3 Tips to Avoid Loss on Bitcoin, Ethereum, Litecoin

(1/100) Crypto Countdown: Golem

05/03/2018: Biggest Stories in the Cryptosphere

µRaiden: Micropayments for Ethereum

The Noonification: Have U Been Pwned? (1/12/2023)

0x (ZRX) Analysis : Decentralised Exchange Protocol On Ethereum

3 Tips to Avoid Loss on Bitcoin, Ethereum, Litecoin

(1/100) Crypto Countdown: Golem

05/03/2018: Biggest Stories in the Cryptosphere

µRaiden: Micropayments for Ethereum

The Noonification: Have U Been Pwned? (1/12/2023)

0x (ZRX) Analysis : Decentralised Exchange Protocol On Ethereum

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps