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 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin 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're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Verge (XVG) As soon as your deposit has been verified, you'll now have access to your funds and you can launch buying and trading. To purchase Verge (XVG) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find Verge (XVG), you will need to put the shortname of the coin (XVG) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “XVG/BTC” to go on.
Step 4 – Acquisition of Verge (XVG) After you've spotted Verge (XVG), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Verge (XVG) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XVG you like to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of XVG. If you are satisfied, make a mouse click on “Buy XVG”. Your plan will be filled as soon as a Vendor sells their XVG for the price you introduced.
Step 5 – Withdraw Verge (XVG) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your Verge (XVG), hover over the ”Funds” tab and click on “Withdraw”. Verge (XVG) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Verge (XVG) by using the given drop-down box. Enter the amount of Verge (XVG) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be requested for email/phone verification ahead of a take off.