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How to Buy GeoDB (GEO)

A Step-by-Step-Guide on how to buy GeoDB (GEO)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your first $10.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. GeoDB (GEO) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (GEO) GeoDB

As soon as your deposit has been verified, you will directly have access to your assets and you can start invest and trading. To purchase (GEO) GeoDB on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to discover (GEO) GeoDB, you will need to insert the shortname of the coin (GEO) into the search box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've highlighted this too. Click on “GEO/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} GeoDB (GEO)
Step 4 – Buy (GEO) GeoDB

Once you have located (GEO) GeoDB, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest price (GEO) GeoDB was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of GEO you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of GEO.

If you're happy, click on “Buy GEO”. Your order will be filled as soon as a Vendor trades their GEO for the price you offered.

Step 5 – Withdraw (GEO) GeoDB

Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time period. To take off your (GEO) GeoDB, go to the tab called “Funds” and mouse click on “Withdraw”. (GEO) GeoDB can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (GEO) GeoDB by using the provided drop-down box. Put into the quantity of (GEO) GeoDB you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and stored (GEO) GeoDB.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (GEO) GeoDB is stored within your wallet, you are all done.