A Step-by-Step-Guide on how to buy VeriCoin (VRC)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. VeriCoin (VRC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate VeriCoin (VRC) As soon as your deposit has been affirmed, you will directly have access to your finances and you can initiate buying and trading. To buy VeriCoin (VRC) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To spot VeriCoin (VRC), you will need to put the short name of the asset (VRC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “VRC/BTC” to go on.
Step 4 – Buy VeriCoin (VRC) Once you have discovered VeriCoin (VRC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the latest price VeriCoin (VRC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of VRC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of VRC. If you're satisfied, make a mouse click on “Buy VRC”. Your order will be filled when a Vender sells their VRC for the price you offered.
Step 5 – Withdraw VeriCoin (VRC) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To withdraw your VeriCoin (VRC), go to the tab called “Funds” and mouse click on “Withdraw”. VeriCoin (VRC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find VeriCoin (VRC) by using the provided drop-down box. Put into the quantity of VeriCoin (VRC) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.