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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. VeriCoin (VRC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate VeriCoin (VRC) As soon as your deposit has been approved, you'll now have access to your funds and you can commence invest and trading. To purchase VeriCoin (VRC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot VeriCoin (VRC), you'll need to insert the short name of the asset (VRC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have marked this also. Click on “VRC/BTC” to proceed.
Step 4 – Acquisition of VeriCoin (VRC) Once you've found VeriCoin (VRC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest rate VeriCoin (VRC) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of VRC you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of VRC. If you're happy, click on “Buy VRC”. Your plan will be filled as soon as a Vender sells their VRC for the price you offered.
Step 5 – Withdraw VeriCoin (VRC) Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer time frame. To take off your VeriCoin (VRC), hover over the tab called “Funds” and click on “Withdraw”. VeriCoin (VRC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate VeriCoin (VRC) by using the provided drop-down box. Enter the volumen of VeriCoin (VRC) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.
Kudos! You have successfully purchased and stored VeriCoin (VRC) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the VeriCoin (VRC) is stored within your wallet, you're finished.
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