A Step-by-Step-Guide on how to buy Green Light (GL)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You'll first need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Green Light (GL) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (GL) Green Light As soon as your deposit has been verified, you will immediately have access to your assets and you can begin invest and trading. To buy Green Light (GL) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate Green Light (GL), you'll need to put the cointype (GL) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we've highlighted this also. Click on “GL/BTC” to go on.
Step 4 – Buying Green Light (GL) As soon as you have found (GL) Green Light, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate (GL) Green Light was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of GL you like to buy. The “Total” field is the whole price in Bitcoin that you will pay for the complete volumen of GL. If you are satisfied, click on “Buy GL”. Your plan will be filled as soon as a Seller sells their GL for the price you gave.
Step 5 – Withdraw (GL) Green Light Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your (GL) Green Light, hover over the tab called “Funds” and click on “Withdraw”. (GL) Green Light can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (GL) Green Light by using the provided drop-down box. Put into the volumen of Green Light (GL) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.