A Step-by-Step-Guide on how to buy Genesis Network (GENX) in Anguilla
Step 1 – Signup to Coinmama You'll first need to buy one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Genesis Network (GENX) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Genesis Network (GENX) Once your deposit has been verified, you will immediately have access to your assets and you can start purchasing and trading. To invest in Genesis Network (GENX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate Genesis Network (GENX), you'll need to insert the cointype (GENX) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we've highlighted this also. Click on “GENX/BTC” to go ahead.
Step 4 – Purchasing Genesis Network (GENX) Once you have found Genesis Network (GENX), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled with the most recent tariff Genesis Network (GENX) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of GENX you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of GENX. If you are glad, make a mouse click on “Buy GENX”. Your plan will be filled when a Vender trades their GENX for the price you gave.
Step 5 – Withdraw Genesis Network (GENX) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Genesis Network (GENX), go to the ”Funds” tab and click on “Withdraw”. Genesis Network (GENX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Genesis Network (GENX) by using the provided drop-down box. Enter the amount of Genesis Network (GENX) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.
Congrats! You have successfully purchased and safed Genesis Network (GENX) in Anguilla.That's it! Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Genesis Network (GENX) is safe inside your wallet, you are all done.
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