A Step-by-Step-Guide on how to buy Gems (GEM)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your first 10 Dollar.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Gems (GEM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Gems (GEM) As soon as your deposit has been approved, you will immediately have access to your assets and you can start buying and trading. To invest in Gems (GEM) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To find Gems (GEM), you will need to insert the short name of the asset (GEM) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “GEM/BTC” to progress.
Step 4 – Purchase Gems (GEM) As soon as you've discovered Gems (GEM), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order. The ”Price” field will be filled with the most recent rate Gems (GEM) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of GEM you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole volumen of GEM. When you are happy, make a mouse click on “Buy GEM”. Your order will be filled when a Vendor trades their GEM for the price you offered.
Step 5 – Withdraw (GEM) Gems Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (GEM) Gems, hover over the tab called “Funds” and mouse click on “Withdraw”. (GEM) Gems can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GEM) Gems by using the provided drop-down box. Enter the amount of (GEM) Gems you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.