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 (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. VeChain (VET) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate VeChain (VET) As soon as your deposit has been affirmed, you will immediately have access to your finances and you can begin buying and trading. To purchase VeChain (VET) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find VeChain (VET), you'll need to put the shortname of the coin (VET) into the search box, which is marked in the image. Make sure you have selected the right pairing, we have marked this also. Click on “VET/BTC” to go ahead.
Step 4 – Purchasing VeChain (VET) After you've discovered VeChain (VET), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest rate VeChain (VET) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of VET you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of VET. When you're happy, click on “Buy VET”. Your order will be filled as soon as a Vendor sells their VET for the price you gave.
Step 5 – Withdraw VeChain (VET) Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your VeChain (VET), hover over the ”Funds” tab and mouse click on “Withdraw”. VeChain (VET) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate VeChain (VET) by using the given drop-down box. Put into the amount of VeChain (VET) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.