Skip to content Skip to footer

How to Buy Gems (GEM)

A Step-by-Step-Guide on how to buy Gems (GEM)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Gems (GEM) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Gems (GEM)

As soon as your deposit has been verified, you will now have access to your funds and you can begin invest and trading. To invest in Gems (GEM) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate Gems (GEM), you will need to insert the cointype (GEM) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we've highlighted this also. Click on “GEM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Gems (GEM)
Step 4 – Purchase Gems (GEM)

After you have located Gems (GEM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation Gems (GEM) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of GEM you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of GEM.

When you are satisfied, make a mouse click on “Buy GEM”. Your order will be filled as soon as a Seller trades their GEM for the price you submitted.

Step 5 – Withdraw Gems (GEM)

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an longer period of time. To take off your Gems (GEM), hover over the ”Funds” tab and click on “Withdraw”. Gems (GEM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Gems (GEM) by using the provided drop-down box. Drop in the volumen of Gems (GEM) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored Gems (GEM).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Gems (GEM) is stored in your wallet, you're finished.

Some other Guides on How to buy different Altcoins

How to Buy MDUKEY
How to Buy Spots
How to Buy Altcoins
Generated by MPG