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How to Buy GeyserCoin (GSR)

A Step-by-Step-Guide on how to buy GeyserCoin (GSR)

Step 1 – Signup to CEX.io

You'll first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. GeyserCoin (GSR) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate GeyserCoin (GSR)

Once your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To invest in GeyserCoin (GSR) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to spot GeyserCoin (GSR), you'll need to insert the shortname of the coin (GSR) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “GSR/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} GeyserCoin (GSR)
Step 4 – Purchase GeyserCoin (GSR)

As soon as you've located GeyserCoin (GSR), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the latest rate GeyserCoin (GSR) was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of GSR you like to buy. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of GSR.

When you're glad, click on “Buy GSR”. Your order will be filled when a Vender sells their GSR for the price you introduced.

Step 5 – Withdraw GeyserCoin (GSR)

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

Locate GeyserCoin (GSR) by using the provided drop-down box. Put into the quantity of GeyserCoin (GSR) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congrats! You have successfully purchased and safed GeyserCoin (GSR).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the GeyserCoin (GSR) is stored in your wallet, you're done.

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