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 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Vertcoin (VTC) is accessible 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 how-to) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Vertcoin (VTC) Once your deposit has been affirmed, you will immediately have access to your assets and you can launch buying and trading. To buy Vertcoin (VTC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To find Vertcoin (VTC), you'll need to insert the short name of the asset (VTC) into the search-box, which is marked in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “VTC/BTC” to continue.
Step 4 – Buying Vertcoin (VTC) After you have located Vertcoin (VTC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price Vertcoin (VTC) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of VTC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of VTC. If you're satisfied, click on “Buy VTC”. Your plan will be filled as soon as a Vendor trades their VTC for the price you submitted.
Step 5 – Withdraw Vertcoin (VTC) Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. To take off your Vertcoin (VTC), hover over the tab called “Funds” and mouse click on “Withdraw”. Vertcoin (VTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Vertcoin (VTC) by using the provided drop-down box. Enter the quantity of Vertcoin (VTC) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.