How to Buy VeriCoin (VRC)

A Step-by-Step-Guide on how to buy VeriCoin (VRC)

Step 1 – Signup to Kraken

You'll first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get Funds.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. VeriCoin (VRC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find VeriCoin (VRC)

Once your deposit has been confirmed, you'll immediately have access to your assets and you can initiate buying and trading. To buy VeriCoin (VRC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To spot VeriCoin (VRC), you will need to insert the shortname of the coin (VRC) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “VRC/BTC” to continue.

Binance Hot To Buy VeriCoin (VRC)
Binance How to Buy (VRC) VeriCoin
Step 4 – Purchasing VeriCoin (VRC)

As soon as you have found VeriCoin (VRC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price VeriCoin (VRC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of VRC you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete volumen of VRC.

If you're glad, click on “Buy VRC”. Your order will be filled as soon as a Vendor trades their VRC for the price you offered.

Step 5 – Withdraw VeriCoin (VRC)

Unless you are regularly trading, never keep your crypto on an Exchange for an longer time period. In order to take off your VeriCoin (VRC), hover over the tab called “Funds” and mouse click on “Withdraw”. VeriCoin (VRC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find VeriCoin (VRC) by using the provided drop-down box. Enter the amount of VeriCoin (VRC) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congrats! You've successfully purchased and stored VeriCoin (VRC).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (VRC) VeriCoin is stored inside your wallet, you are finished.

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