A Step-by-Step-Guide on how to buy Gridcoin (GRC)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive Funds.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Gridcoin (GRC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Gridcoin (GRC) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can commence buying and trading. To purchase Gridcoin (GRC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Gridcoin (GRC), you will need to put the shortname of the coin (GRC) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have highlighted this also. Click on “GRC/BTC” to continue.
Step 4 – Purchasing Gridcoin (GRC) As soon as you've discovered Gridcoin (GRC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Gridcoin (GRC) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of GRC you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole amount of GRC. When you're glad, click on “Buy GRC”. Your plan will be filled when a Vendor sells their GRC for the price you gave.
Step 5 – Withdraw Gridcoin (GRC) Unless you're trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to withdraw your Gridcoin (GRC), go to the tab called “Funds” and mouse click on “Withdraw”. Gridcoin (GRC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gridcoin (GRC) by using the given drop-down box. Enter the amount of Gridcoin (GRC) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.