How to Buy Gemini Dollar (GUSD)

A Step-by-Step-Guide on how to buy Gemini Dollar (GUSD)

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your first $10.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Gemini Dollar (GUSD) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find Gemini Dollar (GUSD)

Once your deposit has been affirmed, you will immediately have access to your finances and you can begin invest and trading. To buy Gemini Dollar (GUSD) on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To find (GUSD) Gemini Dollar, you will need to put the shortname of the coin (GUSD) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “GUSD/BTC” to go ahead.

Binance How To Buy 1 Gemini Dollar (GUSD)
Step 4 – Acquisition of Gemini Dollar (GUSD)

After you have spotted Gemini Dollar (GUSD), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent rate (GUSD) Gemini Dollar was traded for. This can be changed to your desired price. The “Amount” field is the amount of GUSD you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of GUSD.

When you're glad, make a mouse click on “Buy GUSD”. Your order will be filled when a Seller sells their GUSD for the price you gave.

Step 5 – Withdraw (GUSD) Gemini Dollar

Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. In order to take off your Gemini Dollar (GUSD), hover over the tab called “Funds” and mouse click on “Withdraw”. (GUSD) Gemini Dollar can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Gemini Dollar (GUSD) by using the given drop-down box. Drop in the volumen of Gemini Dollar (GUSD) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You've successfully purchased and stored Gemini Dollar (GUSD).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (GUSD) Gemini Dollar is stored within your wallet, you're all done.