A Step-by-Step-Guide on how to buy Gems (GEM) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Gems (GEM) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Gems (GEM) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can initiate invest and trading. To buy Gems (GEM) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot Gems (GEM), you will need to put the shortname of the coin (GEM) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have marked this too. Click on “GEM/BTC” to progress.
Step 4 – Purchase Gems (GEM) Once you've found Gems (GEM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The ”Price” field will be filled with the most recent tariff Gems (GEM) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of GEM you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of GEM. When you're satisfied, make a mouse click on “Buy GEM”. Your order will be filled as soon as a Vendor sells their GEM for the price you introduced.
Step 5 – Withdraw Gems (GEM) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. In order to take off your Gems (GEM), go to the tab called “Funds” and click on “Withdraw”. Gems (GEM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Gems (GEM) by using the provided drop-down box. Drop in the quantity of Gems (GEM) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.
Congratulations! You have successfully bought and safed Gems (GEM) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the Gems (GEM) is stored inside your wallet, you are finished.
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