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 Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. VeChain (VET) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find VeChain (VET) Once your deposit has been verified, you will immediately have access to your funds and you can commence purchasing and trading. To purchase VeChain (VET) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To find VeChain (VET), you'll need to insert the short name of the asset (VET) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “VET/BTC” to proceed.
Step 4 – Purchase VeChain (VET) Once you've spotted VeChain (VET), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price VeChain (VET) was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of VET you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of VET. If you are happy, click on “Buy VET”. Your plan will be filled when a Vender trades their VET for the price you gave.
Step 5 – Withdraw VeChain (VET) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your VeChain (VET), hover over the tab called “Funds” and mouse click on “Withdraw”. VeChain (VET) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate VeChain (VET) by using the provided drop-down box. Drop in the volumen of VeChain (VET) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.