A Step-by-Step-Guide on how to buy Geocoin (GEO)
Step 1 – Join CEX.io You'll first need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Geocoin (GEO) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Geocoin (GEO) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin invest and trading. To invest in Geocoin (GEO) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Geocoin (GEO), you will need to put the cointype (GEO) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this also. Click on “GEO/BTC” to proceed.
Step 4 – Acquisition of Geocoin (GEO) After you've found Geocoin (GEO), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest price Geocoin (GEO) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of GEO you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of GEO. When you are satisfied, click on “Buy GEO”. Your order will be filled when a Vender sells their GEO for the price you introduced.
Step 5 – Withdraw Geocoin (GEO) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. In order to withdraw your Geocoin (GEO), hover over the tab called “Funds” and mouse click on “Withdraw”. Geocoin (GEO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Geocoin (GEO) by using the given drop-down box. Put into the amount of Geocoin (GEO) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.