How to Buy Grafsound (GSMT)

A Step-by-Step-Guide on how to buy Grafsound (GSMT)

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your first 10 Dollar.

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Grafsound (GSMT) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Grafsound (GSMT)

Once your deposit has been approved, you'll now have access to your funds and you can commence invest and trading. To buy Grafsound (GSMT) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To find (GSMT) Grafsound, you will need to put the short name of the asset (GSMT) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this too. Click on “GSMT/BTC” to advance.

How to buy Coin on Binance 1 Grafsound (GSMT)
Step 4 – Purchase (GSMT) Grafsound

Once you've found Grafsound (GSMT), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff Grafsound (GSMT) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of GSMT you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of GSMT.

If you're glad, click on “Buy GSMT”. Your order will be filled when a Vendor sells their GSMT for the price you offered.

Step 5 – Withdraw Grafsound (GSMT)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your (GSMT) Grafsound, go to the tab called “Funds” and mouse click on “Withdraw”. (GSMT) Grafsound can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Grafsound (GSMT) by using the given drop-down box. Put into the quantity of (GSMT) Grafsound you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully purchased and stored (GSMT) Grafsound.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (GSMT) Grafsound is stored inside your wallet, you are all done.