A Step-by-Step-Guide on how to buy Groestlcoin (GRS)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Groestlcoin (GRS) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Groestlcoin (GRS) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To purchase Groestlcoin (GRS) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To discover Groestlcoin (GRS), you'll need to put the shortname of the coin (GRS) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this too. Click on “GRS/BTC” to advance.
Step 4 – Buying Groestlcoin (GRS) As soon as you've spotted Groestlcoin (GRS), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to make our Limit Order. The ”Price” field will be filled automatically with the latest valuation Groestlcoin (GRS) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of GRS you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of GRS. When you are happy, click on “Buy GRS”. Your order will be filled when a Vendor sells their GRS for the price you offered.
Step 5 – Withdraw Groestlcoin (GRS) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your Groestlcoin (GRS), go to the tab called “Funds” and click on “Withdraw”. Groestlcoin (GRS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Groestlcoin (GRS) by using the provided drop-down box. Enter the amount of Groestlcoin (GRS) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.