A Step-by-Step-Guide on how to buy VeriumReserve (VRM)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. VeriumReserve (VRM) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin 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 different (Follow our how-to).
Step 3 – Find (VRM) VeriumReserve Once your deposit has been verified, you'll directly have access to your funds and you can commence invest and trading. To purchase (VRM) VeriumReserve on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (VRM) VeriumReserve, you'll need to put the short name of the asset (VRM) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “VRM/BTC” to proceed.
Step 4 – Acquisition of (VRM) VeriumReserve As soon as you have discovered (VRM) VeriumReserve, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price (VRM) VeriumReserve was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of VRM you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of VRM. If you're glad, make a mouse click on “Buy VRM”. Your order will be filled when a Vender trades their VRM for the price you gave.
Step 5 – Withdraw VeriumReserve (VRM) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an longer time frame. In order to take off your VeriumReserve (VRM), go to the ”Funds” tab and mouse click on “Withdraw”. VeriumReserve (VRM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find VeriumReserve (VRM) by using the given drop-down box. Enter the volumen of VeriumReserve (VRM) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.