A Step-by-Step-Guide on how to buy Genesis Network (GENX)
Step 1 – Signup to CEX.io You will first need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Genesis Network (GENX) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Genesis Network (GENX) Once your deposit has been verified, you'll now have access to your finances and you can launch invest and trading. To purchase Genesis Network (GENX) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Genesis Network (GENX), you'll need to put the shortname of the coin (GENX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “GENX/BTC” to progress.
Step 4 – Purchasing Genesis Network (GENX) Once you have discovered Genesis Network (GENX), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Genesis Network (GENX) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of GENX you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of GENX. If you are glad, make a mouse click on “Buy GENX”. Your plan will be filled when a Vendor trades their GENX for the price you submitted.
Step 5 – Withdraw Genesis Network (GENX) Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Genesis Network (GENX), go to the tab called “Funds” and mouse click on “Withdraw”. Genesis Network (GENX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Genesis Network (GENX) by using the provided drop-down box. Enter the quantity of Genesis Network (GENX) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.