A Step-by-Step-Guide on how to buy VeChain (VET)
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. VeChain (VET) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find VeChain (VET) Once your deposit has been affirmed, you will instantly have access to your finances and you can launch buying and trading. To purchase VeChain (VET) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover VeChain (VET), you will need to put the cointype (VET) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've marked this also. Click on “VET/BTC” to go ahead.
Step 4 – Buy VeChain (VET) After you have located VeChain (VET), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent price VeChain (VET) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of VET you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of VET. When you're happy, click on “Buy VET”. Your plan will be filled as soon as a Seller sells their VET for the price you offered.
Step 5 – Withdraw VeChain (VET) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. To withdraw your VeChain (VET), go to the ”Funds” tab and mouse click on “Withdraw”. VeChain (VET) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find VeChain (VET) by using the given drop-down box. Drop in the volumen of VeChain (VET) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a take off.
Kudos! You've successfully bought and safed VeChain (VET).That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (VET) VeChain is safe within your wallet, you're finished.
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