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.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. VeriCoin (VRC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find VeriCoin (VRC) Once your deposit has been approved, you'll instantly have access to your assets and you can start buying and trading. To purchase VeriCoin (VRC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate VeriCoin (VRC), you'll need to insert the short name of the asset (VRC) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we've marked this also. Click on “VRC/BTC” to continue.
Step 4 – Acquisition of VeriCoin (VRC) After you have found VeriCoin (VRC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order. The ”Price” field will be filled with the up-to-date rate VeriCoin (VRC) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of VRC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of VRC. If you are glad, make a mouse click on “Buy VRC”. Your order will be filled when a Seller trades their VRC for the price you introduced.
Step 5 – Withdraw VeriCoin (VRC) Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your VeriCoin (VRC), hover over the tab called “Funds” and click on “Withdraw”. VeriCoin (VRC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find VeriCoin (VRC) by using the given drop-down box. Drop in the volumen of VeriCoin (VRC) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.