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 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Gnosis (GNO) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Gnosis (GNO) Once your deposit has been approved, you'll immediately have access to your funds and you can launch invest and trading. To invest in Gnosis (GNO) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Gnosis (GNO), you'll need to put the shortname of the coin (GNO) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “GNO/BTC” to continue.
Step 4 – Purchase Gnosis (GNO) Once you've located Gnosis (GNO), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Gnosis (GNO) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of GNO you wish to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of GNO. If you're glad, make a mouse click on “Buy GNO”. Your plan will be filled as soon as a Seller sells their GNO for the price you introduced.
Step 5 – Withdraw Gnosis (GNO) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extensive period of time. To take off your Gnosis (GNO), hover over the tab called “Funds” and click on “Withdraw”. Gnosis (GNO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gnosis (GNO) by using the provided drop-down box. Enter the amount of Gnosis (GNO) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be asked for email/phone verification before a take off.