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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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. GeyserCoin (GSR) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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

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

Step 3 – Locate GeyserCoin (GSR)

As soon as your deposit has been verified, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in GeyserCoin (GSR) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to discover GeyserCoin (GSR), you'll need to insert the short name of the asset (GSR) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this too. Click on “GSR/BTC” to continue.

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

Once you've found GeyserCoin (GSR), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate GeyserCoin (GSR) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of GSR you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of GSR.

When you're glad, make a mouse click on “Buy GSR”. Your plan will be filled when a Seller trades their GSR for the price you submitted.

Step 5 – Withdraw GeyserCoin (GSR)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. In order to withdraw your GeyserCoin (GSR), go to the tab called “Funds” and click on “Withdraw”. GeyserCoin (GSR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate GeyserCoin (GSR) by using the given drop-down box. Drop in the amount of GeyserCoin (GSR) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you're glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

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

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the GeyserCoin (GSR) is stored within your wallet, you're finished.

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