How to Buy Grin (GRIN) in Australia

A Step-by-Step-Guide on how to buy Grin (GRIN) in Australia

Step 1 – Join Coinmama

You will first need to buy units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Grin (GRIN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate {Grin (GRIN)|(GRIN) Grin}

Once your deposit has been confirmed, you will immediately have access to your funds and you can start purchasing and trading. To buy {Grin (GRIN)|(GRIN) Grin} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find {Grin (GRIN)|(GRIN) Grin}, you will need to put the shortname of the coin (GRIN) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “GRIN/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Grin (GRIN)
Step 4 – Buying {Grin (GRIN)|(GRIN) Grin}

After you've located {Grin (GRIN)|(GRIN) Grin}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest price {Grin (GRIN)|(GRIN) Grin} was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of GRIN you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of GRIN.

When you are satisfied, make a mouse click on “Buy GRIN”. Your order will be filled as soon as a Seller sells their GRIN for the price you submitted.

Step 5 – Withdraw {Grin (GRIN)|(GRIN) Grin}

Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your {Grin (GRIN)|(GRIN) Grin}, go to the tab called “Funds” and click on “Withdraw”. {Grin (GRIN)|(GRIN) Grin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Grin (GRIN)|(GRIN) Grin} by using the provided drop-down box. Drop in the quantity of {Grin (GRIN)|(GRIN) Grin} you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congrats! You've successfully purchased and stored Grin (GRIN) in Australia.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Grin (GRIN)|(GRIN) Grin} is stored inside your wallet, you are all done.

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