A Step-by-Step-Guide on how to buy Vid (VI)
Step 1 – Signup to Kraken You will first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Vid (VI) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Vid (VI) As soon as your deposit has been affirmed, you'll now have access to your funds and you can commence invest and trading. To purchase Vid (VI) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Vid (VI), you'll need to put the shortname of the coin (VI) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we've highlighted this also. Click on “VI/BTC” to advance.
Step 4 – Buy Vid (VI) Once you have found Vid (VI), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff Vid (VI) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of VI you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of VI. If you are satisfied, click on “Buy VI”. Your order will be filled as soon as a Vendor sells their VI for the price you introduced.
Step 5 – Withdraw Vid (VI) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer time frame. To take off your Vid (VI), go to the ”Funds” tab and click on “Withdraw”. Vid (VI) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Vid (VI) by using the provided drop-down box. Put into the volumen of Vid (VI) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be asked for phone/email verification before a withdrawal.