A Step-by-Step-Guide on how to buy GINcoin (GIN) in Anguilla
Step 1 – Signup to Coinmama In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. GINcoin (GIN) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate GINcoin (GIN) Once your deposit has been approved, you'll now have access to your funds and you can commence purchasing and trading. To buy GINcoin (GIN) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find GINcoin (GIN), you will need to put the shortname of the coin (GIN) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've highlighted this too. Click on “GIN/BTC” to proceed.
Step 4 – Purchasing GINcoin (GIN) Once you have spotted GINcoin (GIN), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate GINcoin (GIN) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of GIN you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of GIN. When you're glad, click on “Buy GIN”. Your plan will be filled when a Vender trades their GIN for the price you offered.
Step 5 – Withdraw GINcoin (GIN) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your GINcoin (GIN), hover over the ”Funds” tab and click on “Withdraw”. GINcoin (GIN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find GINcoin (GIN) by using the provided drop-down box. Drop in the volumen of GINcoin (GIN) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.
Congratulations! You've successfully bought and safed GINcoin (GIN) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the GINcoin (GIN) is stored inside your wallet, you are all done.
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