A Step-by-Step-Guide on how to buy Genesis Network (GENX)
Step 1 – Join CEX.io You will first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Genesis Network (GENX) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Genesis Network (GENX) Once your deposit has been confirmed, you'll immediately have access to your funds and you can launch buying and trading. To buy Genesis Network (GENX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot Genesis Network (GENX), you'll need to insert the cointype (GENX) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “GENX/BTC” to progress.
Step 4 – Buy (GENX) Genesis Network Once you have located (GENX) Genesis Network, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (GENX) Genesis Network was traded for. You can change this to your preferred price. The ”Amount” field is the amount of GENX you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of GENX. If you are glad, click on “Buy GENX”. Your plan will be filled as soon as a Vender sells their GENX for the price you submitted.
Step 5 – Withdraw Genesis Network (GENX) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. To take off your Genesis Network (GENX), hover over the tab called “Funds” and mouse click on “Withdraw”. Genesis Network (GENX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Genesis Network (GENX) by using the given drop-down box. Drop in the volumen of Genesis Network (GENX) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.