A Step-by-Step-Guide on how to buy GeyserCoin (GSR)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have 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 funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (GSR) GeyserCoin As soon as your deposit has been confirmed, you will directly have access to your finances and you can initiate buying and trading. To purchase (GSR) GeyserCoin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate (GSR) GeyserCoin, you will need to put the shortname of the coin (GSR) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've marked this too. Click on “GSR/BTC” to go on.
Step 4 – Purchasing (GSR) GeyserCoin As soon as you have located (GSR) GeyserCoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (GSR) GeyserCoin was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of GSR you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of GSR. If you are satisfied, make a mouse click on “Buy GSR”. Your plan will be filled as soon as a Vendor sells their GSR for the price you submitted.
Step 5 – Withdraw (GSR) GeyserCoin Unless you're regularly trading, best advise is not to keep coins on an Exchange for an extensive time frame. In order to take off your (GSR) GeyserCoin, go to the tab called “Funds” and mouse click on “Withdraw”. (GSR) GeyserCoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GSR) GeyserCoin by using the provided drop-down box. Put into the amount of (GSR) GeyserCoin you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.