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How to Buy Gridcoin (GRC)

A Step-by-Step-Guide on how to buy Gridcoin (GRC)

Step 1 – Signup to CEX.io

You will first need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Gridcoin (GRC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Gridcoin (GRC)

As soon as your deposit has been confirmed, you will instantly have access to your assets and you can launch buying and trading. To buy Gridcoin (GRC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To discover Gridcoin (GRC), you'll need to insert the cointype (GRC) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “GRC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Gridcoin (GRC)
Step 4 – Acquisition of Gridcoin (GRC)

As soon as you have discovered Gridcoin (GRC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff Gridcoin (GRC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of GRC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of GRC.

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

Step 5 – Withdraw Gridcoin (GRC)

Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. In order to take off your Gridcoin (GRC), hover over the ”Funds” tab and mouse click on “Withdraw”. Gridcoin (GRC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Gridcoin (GRC) by using the given drop-down box. Drop in the amount of Gridcoin (GRC) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and safed Gridcoin (GRC).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Gridcoin (GRC) is safe in your wallet, you are finished.

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