A Step-by-Step-Guide on how to buy Gemini Dollar (GUSD)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Gemini Dollar (GUSD) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate (GUSD) Gemini Dollar As soon as your deposit has been verified, you'll now have access to your finances and you can commence invest and trading. To invest in (GUSD) Gemini Dollar on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot (GUSD) Gemini Dollar, you'll need to insert the cointype (GUSD) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we have marked this also. Click on “GUSD/BTC” to go ahead.
Step 4 – Purchasing (GUSD) Gemini Dollar After you've located (GUSD) Gemini Dollar, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The ”Price” field will be filled with the recent rate (GUSD) Gemini Dollar was traded for. You can change this to your desired rate. The ”Amount” field is the amount of GUSD you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of GUSD. When you're happy, make a mouse click on “Buy GUSD”. Your order will be filled as soon as a Vendor sells their GUSD for the price you submitted.
Step 5 – Withdraw Gemini Dollar (GUSD) Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an extended time period. To withdraw your Gemini Dollar (GUSD), hover over the tab called “Funds” and click on “Withdraw”. Gemini Dollar (GUSD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Gemini Dollar (GUSD) by using the given drop-down box. Drop in the volumen of Gemini Dollar (GUSD) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.