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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. VeriCoin (VRC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate VeriCoin (VRC) Once your deposit has been confirmed, you will instantly have access to your funds and you can launch purchasing and trading. To invest in VeriCoin (VRC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot VeriCoin (VRC), you will need to insert the short name of the asset (VRC) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “VRC/BTC” to proceed.
Step 4 – Buy VeriCoin (VRC) After you've spotted VeriCoin (VRC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff 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 want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of VRC. If you are happy, click on “Buy VRC”. Your order will be filled as soon as a Seller sells their VRC for the price you submitted.
Step 5 – Withdraw VeriCoin (VRC) Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to take off your VeriCoin (VRC), hover over the tab called “Funds” and mouse click on “Withdraw”. VeriCoin (VRC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate VeriCoin (VRC) by using the provided drop-down box. Put into the volumen of VeriCoin (VRC) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.