A Step-by-Step-Guide on how to buy GSMcoin (GSM)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your first 10 Dollar.
Step 2 – Transfer Your Funds 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 alike. GSMcoin (GSM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find GSMcoin (GSM) As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin buying and trading. To invest in (GSM) GSMcoin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To locate GSMcoin (GSM), you'll need to insert the short name of the asset (GSM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “GSM/BTC” to go on.
Step 4 – Acquisition of GSMcoin (GSM) After you have located (GSM) GSMcoin, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our Limit Order. The “Price” field will be filled with the latest tariff GSMcoin (GSM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of GSM you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of GSM. If you're satisfied, click on “Buy GSM”. Your plan will be filled when a Vender sells their GSM for the price you introduced.
Step 5 – Withdraw (GSM) GSMcoin Unless you're frequently trading, you should never keepyour crypto on an Exchange for an longer time period. In order to withdraw your GSMcoin (GSM), go to the “Funds” tab and click on “Withdraw”. (GSM) GSMcoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GSM) GSMcoin by using the provided drop-down box. Enter the volumen of (GSM) GSMcoin you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.