A Step-by-Step-Guide on how to buy Velas (VLX) in Anguilla
Step 1 – Join Coinmama You'll first need to purchase one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Velas (VLX) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Velas (VLX) As soon as your deposit has been approved, you will directly have access to your funds and you can start purchasing and trading. To buy Velas (VLX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Velas (VLX), you'll need to insert the shortname of the coin (VLX) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “VLX/BTC” to go on.
Step 4 – Purchase Velas (VLX) As soon as you have found Velas (VLX), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Velas (VLX) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of VLX you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of VLX. If you are satisfied, click on “Buy VLX”. Your order will be filled as soon as a Vendor sells their VLX for the price you offered.
Step 5 – Withdraw Velas (VLX) Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Velas (VLX), go to the ”Funds” tab and mouse click on “Withdraw”. Velas (VLX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Velas (VLX) by using the provided drop-down box. Put into the quantity of Velas (VLX) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.
Congrats! You've successfully purchased and stored Velas (VLX) in Anguilla.That's it! Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the Velas (VLX) is stored within your wallet, you are done.
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