A Step-by-Step-Guide on how to buy Gridcoin (GRC)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Gridcoin (GRC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (GRC) Gridcoin As soon as your deposit has been affirmed, you will immediately have access to your assets and you can commence buying and trading. To buy Gridcoin (GRC) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To locate (GRC) Gridcoin, you'll need to insert the short name of the asset (GRC) into the search-box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “GRC/BTC” to proceed.
Step 4 – Purchase Gridcoin (GRC) After you have found (GRC) Gridcoin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The “Price” field will be automatically filled with the recent valuation Gridcoin (GRC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of GRC you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of GRC. If you are happy, make a mouse click on “Buy GRC”. Your order will be filled as soon as a Seller sells their GRC for the price you offered.
Step 5 – Withdraw (GRC) Gridcoin Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive time period. To take off your (GRC) Gridcoin, go to the “Funds” tab and mouse click on “Withdraw”. (GRC) Gridcoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gridcoin (GRC) by using the provided drop-down box. Enter the volumen of (GRC) Gridcoin you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.