A Step-by-Step-Guide on how to buy VeriCoin (VRC) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy units of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. VeriCoin (VRC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find VeriCoin (VRC) Once your deposit has been confirmed, you will directly have access to your funds and you can launch buying and trading. To invest in VeriCoin (VRC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find VeriCoin (VRC), you will need to put the cointype (VRC) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “VRC/BTC” to proceed.
Step 4 – Buying VeriCoin (VRC) After you've located VeriCoin (VRC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price VeriCoin (VRC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of VRC you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of VRC. When you are satisfied, make a mouse click on “Buy VRC”. Your order will be filled when a Seller sells their VRC for the price you submitted.
Step 5 – Withdraw VeriCoin (VRC) Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your VeriCoin (VRC), go to the ”Funds” tab and mouse click on “Withdraw”. VeriCoin (VRC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find VeriCoin (VRC) by using the given drop-down box. Drop in the volumen of VeriCoin (VRC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.
Kudos! You have successfully bought and stored VeriCoin (VRC) in Anguilla.That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the VeriCoin (VRC) is stored in your wallet, you are all done.
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