How to buy Reddcoin (RDD) in the UK
Current Price: £0.0010 24hr: -6.67%
One of the easiest ways to buy Reddcoin (RDD) in the UK is to exchange Bitcoin (BTC) for RDD on an exchange. This will require you to first acquire Bitcoin (BTC), however if you already have BTC you can skip Step 1.
Step 1: Buy Bitcoin
In this method, you will trade BTC for Reddcoin (RDD) using Bittrex or YoBit exchange. Thus, in order to begin, you first need to acquire some Bitcoin (BTC)…
Buy Bitcoin: You can do this via the following self-explanatory services:
Click here for a detailed guide on buying BTC in the UK, including many more options.
Step 2: Bitcoin (BTC) -> Reddcoin (RDD)
Now that you have BTC, the process for buying Reddcoin on Bittrex is as follows…
- Sign up for a Bittrex account
- Head to Wallets by clicking the button in the top menu
- Click the + (plus) button to the left of your Bitcoin wallet to reveal further details
- Send Bitcoin (BTC) to the Bittrex Bitcoin wallet address (you will be sending Bitcoin from the exchange or wallet where you bought or stored your Bitcoin)
- Wait for your Bitcoin to show up in your Bittrex wallet – this could take a while, depending on the transaction fee you set when sending your BTC.
- When you have Bitcoin in you Bittrex wallet, click the Ƀ Markets button at the top left of the menu, and type in RDD
- Now you’re at the Reddcoin market page, you need to place your order
- Use the Buy Reddcoin panel. Set the Units to Max, unless you want to keep some of your BTC to spend on other coin
- Click Price next to Bid to reveal a drop-down, and select Last or Ask
- Leave the other options as they are (unless you wish to set your own bid), then click Buy Reddcoin
- Confirm your transaction
- Now, your order will be placed, and you can check the status using the Orders button in the menu
- When your order is fulfilled, your Reddcoin will appear in your Wallets
- Sign up for a YoBit account here
- Send Bitcoin to your YoBit BTC wallet
- Click Wallets on the top menu
- Press the + under the Deposit column of the BTC row
- Click Obtain new address
- NB: you may have to try a few times to generate an address
- When your BTC arrives, search for RDD under the MARKET left sidebar, and click on the RDD row
- Use the BUY panel to set your order parameters
- Hit the Buy button
- When/if your order fills, your Reddcoin will appear in your YoBit RDD wallet
Congratulations, you purchased Reddcoin!