How to Buy VideoCoin (VID) in Anguilla

A Step-by-Step-Guide on how to buy VideoCoin (VID) in Anguilla

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting your first $10.

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. VideoCoin (VID) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find {VideoCoin (VID)|(VID) VideoCoin}

Once your deposit has been approved, you will now have access to your finances and you can begin purchasing and trading. To invest in {VideoCoin (VID)|(VID) VideoCoin} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To spot {VideoCoin (VID)|(VID) VideoCoin}, you will need to insert the short name of the asset (VID) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “VID/BTC” to proceed.

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

Once you've located {VideoCoin (VID)|(VID) VideoCoin}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff {VideoCoin (VID)|(VID) VideoCoin} was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of VID you like to purchase. The ”Total” field is the whole price in BTC that you will pay for the complete quantity of VID.

If you're glad, click on “Buy VID”. Your order will be filled as soon as a Vender trades their VID for the price you introduced.

Step 5 – Withdraw {VideoCoin (VID)|(VID) VideoCoin}

Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to withdraw your {VideoCoin (VID)|(VID) VideoCoin}, hover over the tab called “Funds” and click on “Withdraw”. {VideoCoin (VID)|(VID) VideoCoin} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {VideoCoin (VID)|(VID) VideoCoin} by using the given drop-down box. Drop in the amount of {VideoCoin (VID)|(VID) VideoCoin} you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and stored VideoCoin (VID) in Anguilla.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {VideoCoin (VID)|(VID) VideoCoin} is stored within your wallet, you're all done.

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