A Step-by-Step-Guide on how to buy Gems (GEM)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Gems (GEM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (GEM) Gems Once your deposit has been verified, you'll instantly have access to your assets and you can start buying and trading. To buy (GEM) Gems on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To spot (GEM) Gems, you'll need to put the shortname of the coin (GEM) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this also. Click on “GEM/BTC” to go on.
Step 4 – Buying Gems (GEM) After you have located Gems (GEM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Gems (GEM) was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of GEM you like to buy. The ”Total” field is the whole price in BTC that you will settle for the whole amount of GEM. When you're glad, make a mouse click on “Buy GEM”. Your order will be filled when a Vender trades their GEM for the price you introduced.
Step 5 – Withdraw (GEM) Gems Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (GEM) Gems, go to the tab called “Funds” and click on “Withdraw”. (GEM) Gems can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GEM) Gems by using the given drop-down box. Enter the amount of (GEM) Gems you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.