How to Buy VeriumReserve (VRM) in Anguilla

A Step-by-Step-Guide on how to buy VeriumReserve (VRM) in Anguilla

Step 1 – Signup to Coinmama

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. VeriumReserve (VRM) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate {VeriumReserve (VRM)|(VRM) VeriumReserve}

As soon as your deposit has been affirmed, you will instantly have access to your assets and you can start buying and trading. To purchase {VeriumReserve (VRM)|(VRM) VeriumReserve} on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To find {VeriumReserve (VRM)|(VRM) VeriumReserve}, you will need to insert the shortname of the coin (VRM) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “VRM/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} VeriumReserve (VRM)
Step 4 – Purchase {VeriumReserve (VRM)|(VRM) VeriumReserve}

Once you have located {VeriumReserve (VRM)|(VRM) VeriumReserve}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our Limit Order.

The ”Price” field will be filled automatically with the latest rate {VeriumReserve (VRM)|(VRM) VeriumReserve} was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of VRM you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of VRM.

When you're happy, click on “Buy VRM”. Your order will be filled as soon as a Seller trades their VRM for the price you offered.

Step 5 – Withdraw {VeriumReserve (VRM)|(VRM) VeriumReserve}

Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. In order to take off your {VeriumReserve (VRM)|(VRM) VeriumReserve}, hover over the ”Funds” tab and click on “Withdraw”. {VeriumReserve (VRM)|(VRM) VeriumReserve} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {VeriumReserve (VRM)|(VRM) VeriumReserve} by using the provided drop-down box. Put into the quantity of {VeriumReserve (VRM)|(VRM) VeriumReserve} you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, click “Submit”. You may be asked for email/phone verification before a take off.

Kudos! You've successfully bought and stored VeriumReserve (VRM) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {VeriumReserve (VRM)|(VRM) VeriumReserve} is stored in your wallet, you are all done.

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