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 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Gnosis (GNO) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Gnosis (GNO) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To purchase Gnosis (GNO) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Gnosis (GNO), you will need to insert the cointype (GNO) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “GNO/BTC” to advance.
Step 4 – Buying Gnosis (GNO) As soon as you have spotted Gnosis (GNO), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Gnosis (GNO) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of GNO you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of GNO. If you are satisfied, make a mouse click on “Buy GNO”. Your order will be filled as soon as a Vendor sells their GNO for the price you offered.
Step 5 – Withdraw Gnosis (GNO) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Gnosis (GNO), go to the tab called “Funds” and mouse click on “Withdraw”. Gnosis (GNO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gnosis (GNO) by using the provided drop-down box. Put into the volumen of Gnosis (GNO) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.