How to Buy VideoCoin (VID)

A Step-by-Step-Guide on how to buy VideoCoin (VID)

Step 1 – Signup to Kraken

You will first need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – {Send} Your {Ethereum or Bitcoin} to an {Crypto Trader}

Your {Bitcoin (BTC) or Ethereum (ETH)} {has} to be sent over to an {Crypto Exchange} now. {Every exchange has} a deposit form that is {identical}. VideoCoin (VID) is {obtainable} on Binance, so {we're going to} use that as an {example}. {Unsure} on how to send {funds from Coinbase} to an {Crypto Exchange}? ({Just follow} {this guide})

Make sure {you've} {chosen} the {right} coin you {would like} to deposit.

{Bitcoin} must be sent to a {BTC} deposit address, {Ethereum} to an {ETH} deposit address, {and so on}. {In the case} {you're} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {different} ({Just follow} {these easy steps}).

Step 3 – {Locate} VideoCoin (VID)

{As soon as} your deposit has been {approved}, {you'll} {immediately} have access to your {assets} and you can {launch} {invest} and trading. To {buy} VideoCoin (VID) on Binance, {you'll} want to {hover over} the {tab which is called “Exchange”} and{} {click} on “Basic”.

{To} {discover} VideoCoin (VID), {you will} need to {put} the {cointype} (VID) into the {search-box}, which is {highlighted} in the {image}. {Be certain of having} {selected} the {right} {grouping}, {we have} {highlighted} this {too}. Click on “VID/BTC” to {proceed}.

Binance Hot To Buy VideoCoin (VID)
Binance How to Buy (VID) VideoCoin
Step 4 – {Purchase} VideoCoin (VID)

{After} {you've} {spotted} VideoCoin (VID), {you will} be {given} a {Price Chart} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {image}). {For now} {we're} {going to create} our{ own} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{ most} {latest} {rate} VideoCoin (VID) was {sold} for. {You can change this} to your {desired} {rate}. The {”Amount” field} is the {quantity} of VID you {wish} to {buy}. The {”Total” field} is the {total} price in {BTC} that {you will} {settle} for the {complete} {amount} of VID.

{If} {you're} {glad}, {make a mouse click} on “Buy VID”. Your {order} will be filled {as soon as} a {Seller} {sells} their VID for the price you {offered}.

Step 5 – Withdraw VideoCoin (VID)

Unless {you're}{} trading, {best advise is not to keep your} {crypto} on an {Crypto Exchange} for an {longer} {time period}. {To} {withdraw} your VideoCoin (VID), {go to} the {tab called “Funds”} and {mouse click} on “Withdraw”. VideoCoin (VID) can be {securely stored} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} VideoCoin (VID) by using the {provided} drop-down box. {Drop in} the {volumen} of VideoCoin (VID) {you would} {like} to {take off}. {Take into account} the {demonstrated} {fees/minimums}. Also make sure you have {entered} your {correct} withdraw address.

{If} {you are} {glad}, {click on} “Submit”. You {may} be {asked} for {verfication via phone/email} {before} a {withdrawal}.

Binance Withdraw

{Congratulations}! {You've} successfully {bought} and {safed} VideoCoin (VID).

That's it!

{Take offs} from {Crypto Trader} can {durate} {between} 1 – 30 minutes ({depending} on {network usage}). {As soon as} {you have} {proved} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the (VID) VideoCoin is {stored} {in} your wallet, {you're} {finished}.

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