A Step-by-Step-Guide on how to buy Gnosis (GNO)
Step 1 – Join Kraken You will first need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and getting Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Gnosis (GNO) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Gnosis (GNO) Once your deposit has been approved, you will now have access to your finances and you can initiate invest and trading. To invest in Gnosis (GNO) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate Gnosis (GNO), you will need to put the short name of the asset (GNO) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we've marked this too. Click on “GNO/BTC” to go ahead.
Step 4 – Acquisition of Gnosis (GNO) Once you've discovered Gnosis (GNO), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The ”Price” field will be automatically filled with the recent tariff Gnosis (GNO) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of GNO you want to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole volumen of GNO. If you are happy, click on “Buy GNO”. Your plan will be filled as soon as a Vendor sells their GNO for the price you introduced.
Step 5 – Withdraw Gnosis (GNO) Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your Gnosis (GNO), hover over the tab called “Funds” and click on “Withdraw”. Gnosis (GNO) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gnosis (GNO) by using the provided drop-down box. Put into the quantity of Gnosis (GNO) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be asked for email/phone verification ahead of a take off.