A Step-by-Step-Guide on how to buy Genesis Network (GENX)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your first $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Genesis Network (GENX) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Genesis Network (GENX) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can commence invest and trading. To invest in (GENX) Genesis Network on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To spot Genesis Network (GENX), you'll need to put the shortname of the coin (GENX) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “GENX/BTC” to progress.
Step 4 – Purchase Genesis Network (GENX) As soon as you've found Genesis Network (GENX), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (GENX) Genesis Network was sold for. You can change this to your desired price. The “Amount” field is the volumen of GENX you want to buy. The “Total” field is the total price in BTC that you'll settle for the complete amount of GENX. If you are glad, click on “Buy GENX”. Your order will be filled as soon as a Seller trades their GENX for the price you offered.
Step 5 – Withdraw (GENX) Genesis Network Unless you're trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To take off your (GENX) Genesis Network, hover over the tab called “Funds” and click on “Withdraw”. Genesis Network (GENX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (GENX) Genesis Network by using the provided drop-down box. Drop in the volumen of (GENX) Genesis Network you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.