A Step-by-Step-Guide on how to buy VeriCoin (VRC)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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 example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (VRC) VeriCoin Once your deposit has been approved, you will now have access to your finances and you can launch buying and trading. To purchase (VRC) VeriCoin on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover (VRC) VeriCoin, you will need to insert the shortname of the coin (VRC) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this also. Click on “VRC/BTC” to advance.
Step 4 – Buy VeriCoin (VRC) After you have located VeriCoin (VRC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price VeriCoin (VRC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of VRC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of VRC. When you're satisfied, click on “Buy VRC”. Your order will be filled as soon as a Seller sells their VRC for the price you gave.
Step 5 – Withdraw VeriCoin (VRC) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your VeriCoin (VRC), go to the tab called “Funds” and click on “Withdraw”. VeriCoin (VRC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find VeriCoin (VRC) by using the provided drop-down box. Enter the amount of VeriCoin (VRC) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.