A Step-by-Step-Guide on how to buy Grin (GRIN)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your first $10.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Grin (GRIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Grin (GRIN) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can start invest and trading. To buy Grin (GRIN) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to locate (GRIN) Grin, you will need to insert the shortname of the coin (GRIN) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've marked this too. Click on “GRIN/BTC” to proceed.
Step 4 – Purchase (GRIN) Grin Once you've discovered (GRIN) Grin, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The “Price” field will be filled automatically with the recent valuation Grin (GRIN) was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of GRIN you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of GRIN. When you are happy, click on “Buy GRIN”. Your plan will be filled as soon as a Vender trades their GRIN for the price you gave.
Step 5 – Withdraw Grin (GRIN) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your (GRIN) Grin, go to the “Funds” tab and mouse click on “Withdraw”. (GRIN) Grin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (GRIN) Grin by using the provided drop-down box. Enter the amount of (GRIN) Grin you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You may be requested for email/phone verification before a take off.