A Step-by-Step-Guide on how to buy Green Light (GL)
Step 1 – Signup to CEX.io You'll first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Green Light (GL) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Green Light (GL) Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate buying and trading. To buy Green Light (GL) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to locate Green Light (GL), you will need to put the shortname of the coin (GL) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “GL/BTC” to progress.
Step 4 – Buying Green Light (GL) Once you have located Green Light (GL), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled with the most recent valuation Green Light (GL) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of GL you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole quantity of GL. When you're happy, click on “Buy GL”. Your plan will be filled when a Seller sells their GL for the price you submitted.
Step 5 – Withdraw Green Light (GL) Unless you are trading, you should never keepyour coins on an Exchange for an extended time frame. In order to take off your Green Light (GL), hover over the ”Funds” tab and mouse click on “Withdraw”. Green Light (GL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Green Light (GL) by using the provided drop-down box. Put into the volumen of Green Light (GL) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.