A Step-by-Step-Guide on how to buy Golem (GNT)
Step 1 – Signup to CEX.io You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Golem (GNT) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Golem (GNT) Once your deposit has been approved, you will now have access to your funds and you can begin buying and trading. To invest in Golem (GNT) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to find Golem (GNT), you will need to put the shortname of the coin (GNT) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've highlighted this too. Click on “GNT/BTC” to go on.
Step 4 – Acquisition of Golem (GNT) Once you have discovered Golem (GNT), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Golem (GNT) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of GNT you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of GNT. When you are happy, make a mouse click on “Buy GNT”. Your order will be filled as soon as a Seller trades their GNT for the price you gave.
Step 5 – Withdraw Golem (GNT) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended time period. In order to withdraw your Golem (GNT), go to the tab called “Funds” and click on “Withdraw”. Golem (GNT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Golem (GNT) by using the provided drop-down box. Put into the quantity of Golem (GNT) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.