A Step-by-Step-Guide on how to buy VEY (VEY)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) 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 identical. VEY (VEY) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate VEY (VEY) Once your deposit has been approved, you will directly have access to your finances and you can initiate purchasing and trading. To purchase VEY (VEY) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot (VEY) VEY, you will need to put the short name of the asset (VEY) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have highlighted this too. Click on “VEY/BTC” to go on.
Step 4 – Purchase (VEY) VEY Once you have found (VEY) VEY, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price VEY (VEY) was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of VEY you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of VEY. If you're satisfied, click on “Buy VEY”. Your plan will be filled when a Vendor sells their VEY for the price you submitted.
Step 5 – Withdraw (VEY) VEY Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an longer time period. In order to take off your (VEY) VEY, hover over the “Funds” tab and mouse click on “Withdraw”. (VEY) VEY can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find VEY (VEY) by using the provided drop-down box. Enter the quantity of (VEY) VEY you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.