A Step-by-Step-Guide on how to buy Groestlcoin (GRS)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10$.
Step 2 – Transmit Your Ethereum or Bitcoin 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 alike. Groestlcoin (GRS) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Groestlcoin (GRS) Once your deposit has been affirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To buy Groestlcoin (GRS) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Groestlcoin (GRS), you'll need to put the shortname of the coin (GRS) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this also. Click on “GRS/BTC” to go on.
Step 4 – Purchasing Groestlcoin (GRS) As soon as you have located Groestlcoin (GRS), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Groestlcoin (GRS) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of GRS you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of GRS. If you are happy, click on “Buy GRS”. Your order will be filled as soon as a Seller trades their GRS for the price you gave.
Step 5 – Withdraw Groestlcoin (GRS) Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. In order to take off your Groestlcoin (GRS), hover over the tab called “Funds” and click on “Withdraw”. Groestlcoin (GRS) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Groestlcoin (GRS) by using the provided drop-down box. Drop in the quantity of Groestlcoin (GRS) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.