A Step-by-Step-Guide on how to buy Gnosis (GNO)
Step 1 – Join CEX.io You will first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Gnosis (GNO) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Gnosis (GNO) Once your deposit has been verified, you will now have access to your finances and you can commence invest and trading. To buy Gnosis (GNO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover Gnosis (GNO), you will need to put the shortname of the coin (GNO) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “GNO/BTC” to advance.
Step 4 – Purchasing Gnosis (GNO) After you have discovered Gnosis (GNO), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Gnosis (GNO) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of GNO you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of GNO. When you're satisfied, make a mouse click on “Buy GNO”. Your order will be filled when a Vendor sells their GNO for the price you introduced.
Step 5 – Withdraw Gnosis (GNO) Unless you're trading, best advise is not to keep coins on an Exchange for an longer period of time. In order to take off your Gnosis (GNO), go to the tab called “Funds” and click on “Withdraw”. Gnosis (GNO) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Gnosis (GNO) by using the given drop-down box. Enter the amount of Gnosis (GNO) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification before a withdrawal.