How to Buy GSMcoin (GSM)

Step 1 – Signup to Kraken

You will first need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

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 Crypto Exchange now. Every exchange has a deposit form that is identical. GSMcoin (GSM) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find GSMcoin (GSM)

As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can initiate invest and trading. To buy GSMcoin (GSM) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

To spot GSMcoin (GSM), you will need to put the shortname of the coin (GSM) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “GSM/BTC” to go ahead.

Step 4 – Purchasing GSMcoin (GSM)

Once you've spotted GSMcoin (GSM), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation GSMcoin (GSM) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of GSM you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of GSM.

If you're glad, click on “Buy GSM”. Your plan will be filled when a Vendor trades their GSM for the price you gave.

Step 5 – Withdraw GSMcoin (GSM)

Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. To withdraw your GSMcoin (GSM), go to the ”Funds” tab and click on “Withdraw”. GSMcoin (GSM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate GSMcoin (GSM) by using the provided drop-down box. Drop in the amount of GSMcoin (GSM) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

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