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 Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Verge (XVG) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Verge (XVG) Once your deposit has been approved, you will instantly have access to your assets and you can launch buying and trading. To invest in Verge (XVG) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot Verge (XVG), you will need to insert the cointype (XVG) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have marked this also. Click on “XVG/BTC” to advance.
Step 4 – Purchasing Verge (XVG) As soon as you have spotted Verge (XVG), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate Verge (XVG) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XVG you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of XVG. If you are satisfied, click on “Buy XVG”. Your plan will be filled when a Seller trades their XVG for the price you offered.
Step 5 – Withdraw Verge (XVG) Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. To withdraw your Verge (XVG), go to the tab called “Funds” and mouse 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. Drop in the quantity of Verge (XVG) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via email/phone before a take off.