A Step-by-Step-Guide on how to buy Gridcoin (GRC)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Gridcoin (GRC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Gridcoin (GRC) Once your deposit has been verified, you'll now have access to your assets and you can launch purchasing and trading. To purchase Gridcoin (GRC) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To find Gridcoin (GRC), you'll need to put the cointype (GRC) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this also. Click on “GRC/BTC” to go on.
Step 4 – Buy (GRC) Gridcoin As soon as you have spotted (GRC) Gridcoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our Limit Order. The ”Price” field will be automatically filled with the recent rate (GRC) Gridcoin was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of GRC you like to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of GRC. When you're glad, click on “Buy GRC”. Your plan will be filled when a Vendor sells their GRC for the price you gave.
Step 5 – Withdraw (GRC) Gridcoin Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. In order to withdraw your (GRC) Gridcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (GRC) Gridcoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (GRC) Gridcoin by using the provided drop-down box. Drop in the amount of (GRC) Gridcoin you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.