A Step-by-Step-Guide on how to buy GeoDB (GEO)
Step 1 – Join CEX.io You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. GeoDB (GEO) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate GeoDB (GEO) Once your deposit has been affirmed, you will instantly have access to your finances and you can start invest and trading. To buy GeoDB (GEO) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to locate GeoDB (GEO), you will need to put the short name of the asset (GEO) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this also. Click on “GEO/BTC” to continue.
Step 4 – Buy GeoDB (GEO) After you've spotted GeoDB (GEO), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most latest rate GeoDB (GEO) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of GEO you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of GEO. When you are satisfied, make a mouse click on “Buy GEO”. Your order will be filled as soon as a Vender sells their GEO for the price you introduced.
Step 5 – Withdraw GeoDB (GEO) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time frame. In order to withdraw your GeoDB (GEO), hover over the tab called “Funds” and mouse click on “Withdraw”. GeoDB (GEO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate GeoDB (GEO) by using the provided drop-down box. Drop in the quantity of GeoDB (GEO) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.