How to Buy GXChain (GXC)

A Step-by-Step-Guide on how to buy GXChain (GXC)

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive Bitcoin or Ethereum.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. GXChain (GXC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find GXChain (GXC)

Once your deposit has been confirmed, you will now have access to your finances and you can begin invest and trading. To invest in GXChain (GXC) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to find GXChain (GXC), you will need to insert the cointype (GXC) into the search box, which is marked in the image. Make sure you have selected the right pairing, we've marked this too. Click on “GXC/BTC” to advance.

Binance Hot To Buy GXChain (GXC)
Binance How to Buy (GXC) GXChain
Step 4 – Acquisition of GXChain (GXC)

Once you've found GXChain (GXC), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our Limit Order.

The ”Price” field will be filled with the latest valuation GXChain (GXC) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of GXC you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete amount of GXC.

When you're satisfied, make a mouse click on “Buy GXC”. Your order will be filled as soon as a Seller trades their GXC for the price you submitted.

Step 5 – Withdraw GXChain (GXC)

Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extensive time period. To take off your GXChain (GXC), go to the ”Funds” tab and click on “Withdraw”. GXChain (GXC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find GXChain (GXC) by using the provided drop-down box. Drop in the amount of GXChain (GXC) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored GXChain (GXC).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (GXC) GXChain is stored in your wallet, you're finished.

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