A Step-by-Step-Guide on how to buy GeoDB (GEO)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get your first 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. GeoDB (GEO) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find GeoDB (GEO) As soon as your deposit has been approved, you will immediately have access to your funds and you can start invest and trading. To invest in (GEO) GeoDB on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover GeoDB (GEO), you will need to insert the short name of the asset (GEO) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “GEO/BTC” to continue.
Step 4 – Acquisition of (GEO) GeoDB After you have located GeoDB (GEO), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (GEO) GeoDB was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of GEO you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of GEO. When you're satisfied, make a mouse click on “Buy GEO”. Your plan will be filled as soon as a Vendor sells their GEO for the price you gave.
Step 5 – Withdraw GeoDB (GEO) Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an longer time frame. In order to take off your (GEO) GeoDB, go to the tab called “Funds” and mouse click on “Withdraw”. (GEO) GeoDB can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find GeoDB (GEO) by using the given drop-down box. Drop in the quantity of GeoDB (GEO) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click “Submit”. You could be asked for email/phone verification before a take off.