A Step-by-Step-Guide on how to buy Grimcoin (GRIM)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Grimcoin (GRIM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (GRIM) Grimcoin Once your deposit has been approved, you'll immediately have access to your assets and you can initiate invest and trading. To buy (GRIM) Grimcoin on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate (GRIM) Grimcoin, you'll need to insert the shortname of the coin (GRIM) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we've marked this too. Click on “GRIM/BTC” to proceed.
Step 4 – Buy (GRIM) Grimcoin Once you have located (GRIM) Grimcoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to make our Limit Order. The ”Price” field will be automatically filled with the up-to-date rate (GRIM) Grimcoin was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of GRIM you want to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of GRIM. When you're happy, click on “Buy GRIM”. Your order will be filled as soon as a Vendor sells their GRIM for the price you introduced.
Step 5 – Withdraw Grimcoin (GRIM) Unless you're trading, never keep your coins on an Exchange for an extended period of time. In order to take off your Grimcoin (GRIM), go to the ”Funds” tab and mouse click on “Withdraw”. Grimcoin (GRIM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Grimcoin (GRIM) by using the given drop-down box. Put into the volumen of Grimcoin (GRIM) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.