How to Buy Gridcoin (GRC)

A Step-by-Step-Guide on how to buy Gridcoin (GRC)

Step 1 – Signup to Kraken

You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Gridcoin (GRC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate Gridcoin (GRC)

As soon as your deposit has been approved, you'll immediately have access to your assets and you can initiate invest and trading. To buy Gridcoin (GRC) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover Gridcoin (GRC), you'll need to put the shortname of the coin (GRC) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've highlighted this also. Click on “GRC/BTC” to go on.

Binance Hot To Buy Gridcoin (GRC)
Binance How to Buy (GRC) Gridcoin
Step 4 – Acquisition of Gridcoin (GRC)

Once you have located Gridcoin (GRC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate Gridcoin (GRC) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of GRC you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of GRC.

When you're glad, make a mouse click on “Buy GRC”. Your plan will be filled as soon as a Vender sells their GRC for the price you offered.

Step 5 – Withdraw Gridcoin (GRC)

Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extensive time period. In order to withdraw your Gridcoin (GRC), hover over the ”Funds” tab and mouse click on “Withdraw”. Gridcoin (GRC) can be safely 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. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click on “Submit”. You could be requested for phone/email verification before a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored Gridcoin (GRC).

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (GRC) Gridcoin is stored in your wallet, you are all done.

Some other Guides on How to buy Coins

How to Buy Sai
How to Buy Speed Mining Service
How to Buy Coins
/* */ Generated by MPG