How to Buy GeoDB (GEO)

A Step-by-Step-Guide on how to buy GeoDB (GEO)

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. GeoDB (GEO) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate GeoDB (GEO)

Once your deposit has been verified, you will immediately have access to your assets and you can begin invest and trading. To buy GeoDB (GEO) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate GeoDB (GEO), you'll need to insert the short name of the asset (GEO) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this too. Click on “GEO/BTC” to proceed.

Binance Hot To Buy GeoDB (GEO)
Binance How to Buy (GEO) GeoDB
Step 4 – Purchase GeoDB (GEO)

After you have discovered GeoDB (GEO), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price GeoDB (GEO) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of GEO you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of GEO.

If you are glad, make a mouse click on “Buy GEO”. Your order will be filled as soon as a Vender trades their GEO for the price you submitted.

Step 5 – Withdraw GeoDB (GEO)

Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time period. To take off your GeoDB (GEO), go to the tab called “Funds” and click on “Withdraw”. GeoDB (GEO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find GeoDB (GEO) by using the given drop-down box. Drop in the volumen of GeoDB (GEO) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Congratulations! You have successfully bought and safed GeoDB (GEO).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (GEO) GeoDB is safe inside your wallet, you're finished.

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