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 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. VeChain (VET) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find VeChain (VET) Once your deposit has been affirmed, you'll directly have access to your assets and you can begin buying and trading. To invest in VeChain (VET) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot VeChain (VET), you'll need to put the cointype (VET) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “VET/BTC” to continue.
Step 4 – Buy VeChain (VET) After you have found VeChain (VET), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The ”Price” field will be filled with the latest tariff VeChain (VET) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of VET you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of VET. If you are happy, click on “Buy VET”. Your order will be filled as soon as a Vendor trades their VET for the price you offered.
Step 5 – Withdraw VeChain (VET) Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your VeChain (VET), hover over the tab called “Funds” and click on “Withdraw”. VeChain (VET) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find VeChain (VET) by using the given drop-down box. Drop in the volumen of VeChain (VET) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.