A Step-by-Step-Guide on how to buy Geocoin (GEO)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your welcome $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Geocoin (GEO) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (GEO) Geocoin Once your deposit has been affirmed, you'll directly have access to your assets and you can start invest and trading. To buy (GEO) Geocoin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find (GEO) Geocoin, you'll need to insert the short name of the asset (GEO) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “GEO/BTC” to continue.
Step 4 – Acquisition of (GEO) Geocoin After you have found (GEO) Geocoin, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The ”Price” field will be automatically filled with the most latest tariff (GEO) Geocoin was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of GEO you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of GEO. If you're happy, make a mouse click on “Buy GEO”. Your plan will be filled as soon as a Vendor trades their GEO for the price you submitted.
Step 5 – Withdraw Geocoin (GEO) Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your Geocoin (GEO), hover over the ”Funds” tab and click on “Withdraw”. Geocoin (GEO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Geocoin (GEO) by using the given drop-down box. Drop in the volumen of Geocoin (GEO) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You may be asked for verfication via phone/email before a take off.