A Step-by-Step-Guide on how to buy GINcoin (GIN)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. GINcoin (GIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find GINcoin (GIN) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can launch buying and trading. To purchase (GIN) GINcoin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate GINcoin (GIN), you'll need to insert the shortname of the coin (GIN) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we have highlighted this too. Click on “GIN/BTC” to proceed.
Step 4 – Purchase (GIN) GINcoin After you have discovered (GIN) GINcoin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order. The “Price” field will be filled automatically with the recent valuation GINcoin (GIN) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of GIN you like to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole quantity of GIN. When you are happy, make a mouse click on “Buy GIN”. Your order will be filled as soon as a Seller sells their GIN for the price you offered.
Step 5 – Withdraw GINcoin (GIN) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your (GIN) GINcoin, go to the tab called “Funds” and mouse click on “Withdraw”. GINcoin (GIN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find GINcoin (GIN) by using the provided drop-down box. Enter the amount of GINcoin (GIN) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.