A Step-by-Step-Guide on how to buy Grimcoin (GRIM)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting your welcome 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Grimcoin (GRIM) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Grimcoin (GRIM) Once your deposit has been approved, you'll directly have access to your assets and you can launch invest and trading. To buy Grimcoin (GRIM) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. In order to discover Grimcoin (GRIM), you will need to put the short name of the asset (GRIM) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've marked this also. Click on “GRIM/BTC” to advance.
Step 4 – Acquisition of Grimcoin (GRIM) Once you've spotted (GRIM) Grimcoin, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the recent tariff (GRIM) Grimcoin was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of GRIM you wish to buy. The “Total” field is the total price in BTC that you will pay for the whole amount of GRIM. If you are satisfied, click on “Buy GRIM”. Your order will be filled as soon as a Vender sells their GRIM for the price you introduced.
Step 5 – Withdraw Grimcoin (GRIM) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to take off your Grimcoin (GRIM), go to the “Funds” tab and click on “Withdraw”. Grimcoin (GRIM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GRIM) Grimcoin by using the provided drop-down box. Enter the volumen of (GRIM) Grimcoin you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification before a take off.