A Step-by-Step-Guide on how to buy Verge (XVG)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Verge (XVG) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Verge (XVG) As soon as your deposit has been approved, you'll instantly have access to your assets and you can launch buying and trading. To purchase Verge (XVG) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Verge (XVG), you'll need to put the cointype (XVG) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “XVG/BTC” to proceed.
Step 4 – Buy Verge (XVG) As soon as you've found Verge (XVG), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Verge (XVG) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of XVG you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of XVG. If you are glad, click on “Buy XVG”. Your plan will be filled when a Seller sells their XVG for the price you offered.
Step 5 – Withdraw Verge (XVG) Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. In order to take off your Verge (XVG), hover over the ”Funds” tab and click on “Withdraw”. Verge (XVG) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Verge (XVG) by using the provided drop-down box. Enter the quantity of Verge (XVG) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.