A Step-by-Step-Guide on how to buy Geocoin (GEO)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Geocoin (GEO) 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? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (GEO) Geocoin Once your deposit has been confirmed, you'll immediately have access to your funds and you can start invest and trading. To buy (GEO) Geocoin on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Geocoin (GEO), you will need to put the cointype (GEO) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “GEO/BTC” to advance.
Step 4 – Purchasing Geocoin (GEO) After you've spotted (GEO) Geocoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our Limit Order. The “Price” field will be automatically filled with the up-to-date tariff (GEO) Geocoin was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of GEO you like to buy. The “Total” field is the total price in BTC that you'll settle for the complete volumen of GEO. If you are glad, make a mouse click on “Buy GEO”. Your order will be filled when a Vendor trades their GEO for the price you submitted.
Step 5 – Withdraw Geocoin (GEO) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. To take off your Geocoin (GEO), go to the tab called “Funds” and click on “Withdraw”. Geocoin (GEO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Geocoin (GEO) by using the provided drop-down box. Enter the quantity of (GEO) Geocoin you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.