A Step-by-Step-Guide on how to buy Grimcoin (GRIM)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Grimcoin (GRIM) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Grimcoin (GRIM) Once your deposit has been confirmed, you'll immediately have access to your funds and you can initiate purchasing and trading. To purchase Grimcoin (GRIM) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Grimcoin (GRIM), you'll need to put the shortname of the coin (GRIM) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we have marked this too. Click on “GRIM/BTC” to advance.
Step 4 – Purchase Grimcoin (GRIM) As soon as you have discovered Grimcoin (GRIM), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the recent valuation Grimcoin (GRIM) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of GRIM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of GRIM. If you are satisfied, click on “Buy GRIM”. Your plan will be filled as soon as a Vendor sells their GRIM for the price you submitted.
Step 5 – Withdraw Grimcoin (GRIM) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. In order to take off your Grimcoin (GRIM), hover over the ”Funds” tab and mouse click on “Withdraw”. Grimcoin (GRIM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Grimcoin (GRIM) by using the provided drop-down box. Put into the amount of Grimcoin (GRIM) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.