A Step-by-Step-Guide on how to buy GINcoin (GIN)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. GINcoin (GIN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find GINcoin (GIN) Once your deposit has been affirmed, you'll directly have access to your funds and you can launch purchasing and trading. To purchase GINcoin (GIN) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To find GINcoin (GIN), you'll need to put the cointype (GIN) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “GIN/BTC” to go ahead.
Step 4 – Acquisition of (GIN) GINcoin Once you've discovered (GIN) GINcoin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the latest price (GIN) GINcoin was traded for. You can change this to your desired rate. The ”Amount” field is the amount of GIN you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of GIN. When you are satisfied, make a mouse click on “Buy GIN”. Your order will be filled when a Vendor sells their GIN for the price you offered.
Step 5 – Withdraw GINcoin (GIN) Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. To take off your GINcoin (GIN), hover over the ”Funds” tab and click on “Withdraw”. GINcoin (GIN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate GINcoin (GIN) by using the given drop-down box. Enter the volumen of GINcoin (GIN) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.