A Step-by-Step-Guide on how to buy VideoCoin (VID)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. VideoCoin (VID) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (VID) VideoCoin As soon as your deposit has been verified, you'll now have access to your finances and you can begin buying and trading. To purchase (VID) VideoCoin on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To spot (VID) VideoCoin, you'll need to put the short name of the asset (VID) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this also. Click on “VID/BTC” to proceed.
Step 4 – Acquisition of (VID) VideoCoin Once you've found (VID) VideoCoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (VID) VideoCoin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of VID you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of VID. If you're glad, click on “Buy VID”. Your plan will be filled when a Vendor trades their VID for the price you introduced.
Step 5 – Withdraw (VID) VideoCoin Unless you are trading, never keep your coins on an Crypto Trader for an longer time frame. In order to withdraw your (VID) VideoCoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (VID) VideoCoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (VID) VideoCoin by using the given drop-down box. Drop in the volumen of (VID) VideoCoin you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.