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 Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Gnosis (GNO) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've 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. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Gnosis (GNO) Once your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in Gnosis (GNO) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate Gnosis (GNO), you will need to insert the cointype (GNO) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've highlighted this too. Click on “GNO/BTC” to proceed.
Step 4 – Buying Gnosis (GNO) As soon as you have located Gnosis (GNO), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Gnosis (GNO) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of GNO you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of GNO. When you're glad, make a mouse click on “Buy GNO”. Your plan will be filled as soon as a Vendor sells their GNO for the price you submitted.
Step 5 – Withdraw Gnosis (GNO) Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. To take off your Gnosis (GNO), go to the ”Funds” tab and click on “Withdraw”. Gnosis (GNO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gnosis (GNO) by using the given drop-down box. Drop in the quantity of Gnosis (GNO) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be requested for verfication via email/phone before a take off.