A Step-by-Step-Guide on how to buy Vertcoin (VTC)
Step 1 – Join Kraken You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Vertcoin (VTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Vertcoin (VTC) Once your deposit has been affirmed, you'll directly have access to your assets and you can initiate buying and trading. To purchase Vertcoin (VTC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate Vertcoin (VTC), you'll need to put the shortname of the coin (VTC) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “VTC/BTC” to advance.
Step 4 – Purchase Vertcoin (VTC) As soon as you have discovered Vertcoin (VTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Vertcoin (VTC) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of VTC you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of VTC. If you're happy, make a mouse click on “Buy VTC”. Your order will be filled as soon as a Seller trades their VTC for the price you offered.
Step 5 – Withdraw Vertcoin (VTC) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. In order to take off your Vertcoin (VTC), hover over the ”Funds” tab and click on “Withdraw”. Vertcoin (VTC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Vertcoin (VTC) by using the given drop-down box. Enter the volumen of Vertcoin (VTC) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.
Congrats! You have successfully purchased and stored Vertcoin (VTC).That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (VTC) Vertcoin is safe within your wallet, you're done.
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