How to Buy Veles (VLS)

Step 1 – Join Kraken

You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get Ethereum or Bitcoin.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Veles (VLS) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Veles (VLS)

As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate buying and trading. To purchase Veles (VLS) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find Veles (VLS), you'll need to insert the cointype (VLS) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this also. Click on “VLS/BTC” to go ahead.

Step 4 – Buying Veles (VLS)

Once you have located Veles (VLS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation Veles (VLS) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of VLS you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of VLS.

If you are glad, click on “Buy VLS”. Your order will be filled when a Seller sells their VLS for the price you offered.

Step 5 – Withdraw Veles (VLS)

Unless you are regularly trading, never keep your coins on an Exchange for an extensive time period. In order to withdraw your Veles (VLS), hover over the ”Funds” tab and click on “Withdraw”. Veles (VLS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Veles (VLS) by using the provided drop-down box. Drop in the amount of Veles (VLS) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.