How to Buy GemSwap (GEM) in Austria

A Step-by-Step-Guide on how to buy GemSwap (GEM) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. GemSwap (GEM) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find {GemSwap (GEM)|(GEM) GemSwap}

As soon as your deposit has been verified, you will instantly have access to your funds and you can start buying and trading. To invest in {GemSwap (GEM)|(GEM) GemSwap} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot {GemSwap (GEM)|(GEM) GemSwap}, you will need to put the cointype (GEM) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “GEM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} GemSwap (GEM)
Step 4 – Purchase {GemSwap (GEM)|(GEM) GemSwap}

As soon as you've found {GemSwap (GEM)|(GEM) GemSwap}, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate {GemSwap (GEM)|(GEM) GemSwap} was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of GEM you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of GEM.

When you're glad, click on “Buy GEM”. Your plan will be filled when a Seller sells their GEM for the price you submitted.

Step 5 – Withdraw {GemSwap (GEM)|(GEM) GemSwap}

Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. To withdraw your {GemSwap (GEM)|(GEM) GemSwap}, go to the tab called “Funds” and mouse click on “Withdraw”. {GemSwap (GEM)|(GEM) GemSwap} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {GemSwap (GEM)|(GEM) GemSwap} by using the given drop-down box. Put into the quantity of {GemSwap (GEM)|(GEM) GemSwap} you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully bought and stored GemSwap (GEM) in Austria.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {GemSwap (GEM)|(GEM) GemSwap} is stored within your wallet, you're all done.

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