A Step-by-Step-Guide on how to buy GeyserCoin (GSR)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. GeyserCoin (GSR) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (GSR) GeyserCoin Once your deposit has been verified, you will immediately have access to your assets and you can start buying and trading. To buy (GSR) GeyserCoin on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find (GSR) GeyserCoin, you will need to insert the cointype (GSR) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “GSR/BTC” to go on.
Step 4 – Purchase GeyserCoin (GSR) After you've found GeyserCoin (GSR), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the recent valuation GeyserCoin (GSR) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of GSR you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of GSR. When you're satisfied, make a mouse click on “Buy GSR”. Your order will be filled when a Vendor sells their GSR for the price you gave.
Step 5 – Withdraw (GSR) GeyserCoin Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. In order to withdraw your (GSR) GeyserCoin, hover over the ”Funds” tab and mouse click on “Withdraw”. (GSR) GeyserCoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GSR) GeyserCoin by using the provided drop-down box. Put into the volumen of (GSR) GeyserCoin you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.