A Step-by-Step-Guide on how to buy VeriCoin (VRC)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and getting your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. VeriCoin (VRC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (VRC) VeriCoin As soon as your deposit has been verified, you'll now have access to your finances and you can launch buying and trading. To purchase (VRC) VeriCoin on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To discover (VRC) VeriCoin, you'll need to put the short name of the asset (VRC) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this also. Click on “VRC/BTC” to go on.
Step 4 – Acquisition of VeriCoin (VRC) As soon as you have located VeriCoin (VRC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation VeriCoin (VRC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of VRC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of VRC. If you're satisfied, click on “Buy VRC”. Your plan will be filled as soon as a Vendor sells their VRC for the price you submitted.
Step 5 – Withdraw (VRC) VeriCoin Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive time period. In order to withdraw your (VRC) VeriCoin, go to the tab called “Funds” and click on “Withdraw”. (VRC) VeriCoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (VRC) VeriCoin by using the given drop-down box. Enter the amount of (VRC) VeriCoin you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.