A Step-by-Step-Guide on how to buy GeyserCoin (GSR)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. GeyserCoin (GSR) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find GeyserCoin (GSR) As soon as your deposit has been verified, you will immediately have access to your finances and you can begin purchasing and trading. To invest in GeyserCoin (GSR) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find GeyserCoin (GSR), you will need to put the cointype (GSR) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “GSR/BTC” to proceed.
Step 4 – Buy (GSR) GeyserCoin As soon as you've found (GSR) GeyserCoin, you'll 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 are going to create our own Limit Order. The ”Price” field will be filled with the recent rate (GSR) GeyserCoin was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of GSR you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of GSR. When you are glad, make a mouse click on “Buy GSR”. Your plan will be filled when a Vendor trades their GSR for the price you offered.
Step 5 – Withdraw (GSR) GeyserCoin Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to withdraw your (GSR) GeyserCoin, hover over the ”Funds” tab and click on “Withdraw”. (GSR) GeyserCoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (GSR) GeyserCoin by using the provided drop-down box. Put into the amount of (GSR) GeyserCoin you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.