Instructions: Buying and Selling Request Network Tokens

Instructions: Buying and Selling Request Network Tokens (REQ)
By Patrik Eberle – February 25, 20180
Manual REQ Token buy and sell

You want to buy and sell Request Network Token? This guide will help you to buy or sell Request Network tokens.

Table of Contents
Register with Binance
Verify with Binance (not)
No crypto currencies yet?
Deposit crypto currencies at Binance
Buy on Binance Request Network Token
Sell on Binance Request Network Token
Wallet for Request Network Token | Transfer Request Network Token to your own Wallet
Register with Binance
First visit the website www.binance.com* and click on the menu item “Register” (Figure 1). On the following page you must first enter your e-mail address and a secure password for logging in. You will then receive an email verification link to confirm your account.

Figure 1 – Bicoin Code Menu

After successful registration you have to login to Binance. After you have clicked on the  Bitcoin Code menu item “Login”, a kind of puzzle appears, where you have to insert the missing piece of the puzzle with the help of the slider (Figure 2 – Spam protection). After we have inserted the missing piece of the puzzle, we get to the start screen.

Figure 2

Verify with Binance (not)
Binance* is one of the few exchanges that does not require complete verification. However, you cannot deposit Fiat currencies such as Euro, CHF or Dollar. You can only deposit crypto currencies.

Coins

After registration you will have level 1 status. Level 1 status means that you can withdraw coins with a maximum value of 2 bitcoins per day. If you wish to increase your daily withdrawal limit to 100 Bitcoins, you must provide your personal information. The front and back of your identity card and a selfie with your identity card in your hand are required.

No crypto currencies yet?
You cannot deposit FIAT currencies (EUR, CHF) at Binance. Therefore you need crypto currencies, which you can deposit. If you do not yet have any crypto currencies, you have the following options:

You can find a complete overview and reviews of stock exchanges at bitcoinboerse.info.

Exchange Office Bitpanda

A step-by-step guide to the Bitpanda exchange office can be found here.

coinbase

A step by step guide to Coinbase can be found here.

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Buy instructions with PayPal

Deposit crypto currencies at Binance
To make a deposit, click on “Medium” in the Binance menu and on “Deposit” in the drop-down menu. Now you have to choose which coin you want to deposit (Figure 3).

After your coins arrive  at Bitcoin Profit

Select the crypto currency you would like to deposit and have the deposit address displayed. You can now deposit your digital currency into these (see Figure 4). In this Bitcoin Profit Tutorial I will deposit the digital currency Ether.

Figure 4
Buy on Binance Request Network Token
After your coins arrive at Binance, you can start buying Request Network tokens. To do this, click on the “Stock Exchange” menu item and then select the “Traiding Pair”. You can directly exchange Request Network tokens for the following crypto currencies:

BTC
ETH
NBB
USDT
If you have not deposited any of the top currencies, you must first exchange your deposited currency for one of the top coins to purchase Request Network Tokens.

To buy Request Network Token now, you must first enter the desired quantity in “Buy REQ” (Figure 5). You can set the price per REQ here. If you do not do this, the market price will be used.

After you have set the quantity and price, all you have to do is click on “Buy REQ”. After a few seconds you should receive a confirmation for the purchase. The Request Network tokens you just bought can be found in your Binance online wallet after your purchase.

Sell on Binance Request Network Token
To sell Request Network tokens on Binance, you must first deposit them into Binance (see Figure 3). As soon as the deposit has been credited, you can sell your coins on the exchange (under “Exchange”) for the offered crypto currencies.

Wallet for Request Network Token | Transfer Request Network Token to your own Wallet
You should always transfer digital currencies to your own wallet. Stock market hacks are not uncommon with crypto currencies. Therefore use your own and secure wallet.

To withdraw Request Network Token, click on the menu item “Medium > Withdraw”. Then select your coin, enter your withdrawal address and the desired quantity below and click on “Send”.