A Step-by-Step-Guide on how to buy Groestlcoin (GRS)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Groestlcoin (GRS) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find (GRS) Groestlcoin Once your deposit has been approved, you'll now have access to your assets and you can start purchasing and trading. To purchase (GRS) Groestlcoin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate (GRS) Groestlcoin, you'll need to insert the cointype (GRS) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “GRS/BTC” to advance.
Step 4 – Purchasing (GRS) Groestlcoin Once you have spotted (GRS) Groestlcoin, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The ”Price” field will be filled automatically with the recent tariff (GRS) Groestlcoin was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of GRS you want to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of GRS. When you are satisfied, click on “Buy GRS”. Your plan will be filled when a Seller trades their GRS for the price you introduced.
Step 5 – Withdraw (GRS) Groestlcoin Unless you're frequently trading, you should never keepyour coins on an Exchange for an extended time period. In order to take off your (GRS) Groestlcoin, hover over the ”Funds” tab and click on “Withdraw”. (GRS) Groestlcoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (GRS) Groestlcoin by using the provided drop-down box. Enter the amount of (GRS) Groestlcoin you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.