A Step-by-Step-Guide on how to buy GSMcoin (GSM)
Step 1 – Signup to CEX.io You'll first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. GSMcoin (GSM) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find GSMcoin (GSM) Once your deposit has been affirmed, you'll instantly have access to your finances and you can start invest and trading. To buy GSMcoin (GSM) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To find GSMcoin (GSM), you'll need to insert the short name of the asset (GSM) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this also. Click on “GSM/BTC” to go ahead.
Step 4 – Buy GSMcoin (GSM) As soon as you've discovered GSMcoin (GSM), you will 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 creating our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation GSMcoin (GSM) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of GSM you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of GSM. When you are satisfied, make a mouse click on “Buy GSM”. Your plan will be filled as soon as a Vendor sells their GSM for the price you gave.
Step 5 – Withdraw GSMcoin (GSM) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to take off your GSMcoin (GSM), hover over the ”Funds” tab and mouse click on “Withdraw”. GSMcoin (GSM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find GSMcoin (GSM) by using the given drop-down box. Enter the quantity of GSMcoin (GSM) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.