A Step-by-Step-Guide on how to buy Gemini Dollar (GUSD)
Step 1 – Join CEX.io You'll first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Gemini Dollar (GUSD) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (GUSD) Gemini Dollar Once your deposit has been confirmed, you'll instantly have access to your funds and you can commence invest and trading. To purchase (GUSD) Gemini Dollar on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover (GUSD) Gemini Dollar, you'll need to put the short name of the asset (GUSD) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “GUSD/BTC” to proceed.
Step 4 – Purchasing Gemini Dollar (GUSD) Once you have spotted Gemini Dollar (GUSD), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation Gemini Dollar (GUSD) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of GUSD you want to buy. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of GUSD. If you are glad, make a mouse click on “Buy GUSD”. Your order will be filled as soon as a Seller trades their GUSD for the price you introduced.
Step 5 – Withdraw (GUSD) Gemini Dollar Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. In order to take off your (GUSD) Gemini Dollar, go to the ”Funds” tab and mouse click on “Withdraw”. (GUSD) Gemini Dollar can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (GUSD) Gemini Dollar by using the given drop-down box. Enter the volumen of (GUSD) Gemini Dollar you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.