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How to Buy Vid (VI)

A Step-by-Step-Guide on how to buy Vid (VI)

Step 1 – Signup to CEX.io

You will first need to purchase one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Vid (VI) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Vid (VI)

Once your deposit has been approved, you'll now have access to your finances and you can initiate purchasing and trading. To purchase Vid (VI) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find Vid (VI), you'll need to insert the short name of the asset (VI) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this too. Click on “VI/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Vid (VI)
Step 4 – Acquisition of Vid (VI)

As soon as you have found Vid (VI), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date valuation Vid (VI) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of VI you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of VI.

When you're glad, make a mouse click on “Buy VI”. Your plan will be filled as soon as a Seller sells their VI for the price you introduced.

Step 5 – Withdraw Vid (VI)

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Vid (VI), go to the ”Funds” tab and mouse click on “Withdraw”. Vid (VI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Vid (VI) by using the given drop-down box. Put into the amount of Vid (VI) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.

Congratulations! You've successfully purchased and stored Vid (VI).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the Vid (VI) is safe in your wallet, you're all done.

Some other Guides on How to buy different Altcoins

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