A Step-by-Step-Guide on how to buy Verge (XVG)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Verge (XVG) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (XVG) Verge Once your deposit has been approved, you will immediately have access to your assets and you can initiate purchasing and trading. To buy (XVG) Verge on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To locate (XVG) Verge, you will need to put the short name of the asset (XVG) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “XVG/BTC” to continue.
Step 4 – Buy (XVG) Verge As soon as you've discovered (XVG) Verge, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the recent tariff (XVG) Verge was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XVG you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of XVG. If you are happy, click on “Buy XVG”. Your plan will be filled when a Vendor sells their XVG for the price you submitted.
Step 5 – Withdraw Verge (XVG) Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your Verge (XVG), hover over the tab called “Funds” and click on “Withdraw”. Verge (XVG) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Verge (XVG) by using the given drop-down box. Enter the quantity of Verge (XVG) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.