A Step-by-Step-Guide on how to buy Vid (VI)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has 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 will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (VI) Vid As soon as your deposit has been affirmed, you will instantly have access to your assets and you can start buying and trading. To purchase (VI) Vid on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover (VI) Vid, you will need to insert the shortname of the coin (VI) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this also. Click on “VI/BTC” to advance.
Step 4 – Buying Vid (VI) As soon as you have spotted Vid (VI), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the latest price Vid (VI) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of VI you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of VI. If you are satisfied, make a mouse click on “Buy VI”. Your plan will be filled when a Vendor trades their VI for the price you submitted.
Step 5 – Withdraw Vid (VI) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. To take off your Vid (VI), go to the tab called “Funds” and mouse click on “Withdraw”. Vid (VI) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Vid (VI) by using the provided drop-down box. Drop in the amount of Vid (VI) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.