A Step-by-Step-Guide on how to buy Grimcoin (GRIM)
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Grimcoin (GRIM) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Grimcoin (GRIM) Once your deposit has been affirmed, you'll now have access to your assets and you can start invest and trading. To invest in Grimcoin (GRIM) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Grimcoin (GRIM), you'll need to put the short name of the asset (GRIM) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “GRIM/BTC” to progress.
Step 4 – Buying Grimcoin (GRIM) After you've located Grimcoin (GRIM), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Grimcoin (GRIM) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of GRIM you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of GRIM. When you are happy, click on “Buy GRIM”. Your plan will be filled as soon as a Vender sells their GRIM for the price you offered.
Step 5 – Withdraw Grimcoin (GRIM) Unless you are trading, never keep your crypto on an Crypto Trader for an extended time period. In order to withdraw your Grimcoin (GRIM), go to the tab called “Funds” and click on “Withdraw”. Grimcoin (GRIM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Grimcoin (GRIM) by using the given drop-down box. Drop in the amount of Grimcoin (GRIM) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.