Update December 15th, 2017:
Bittrex is temporarily down for new users. Accordingly, the first step is still to purchase Bitcoin on Coinbase, then buy Verge from Binance using BTC transfer (Same method as this page). Happy trading!
You should know how to buy Verge for a lot of reasons, and one of them happens to be that they’re on the Verge of something big. Similar to other cryptocurrencies, Verge improved upon bitcoin by incorporating multiple algorithms into their tech, utilizing pre-existing decentralized platforms like Tor and i2p. With a huge focus on anonymity and security, this open-source platform (meaning anyone with knowhow, or in this world meaning anyone really smart can contribute to better that respective tech) is crushing it.
If you speak this language a bit and don’t always like living exclusively on a platform’s network, then know with Verge you can also connect directly to the internet. If you’re someone that says phooey the internet, I’m trying to have my privacy here, then Verge can also connect to their exclusive decentralized anonymity-centric network. You get the best of both worlds, here. Kind of like when you meet someone you easily fall in love with and they’re not just popping up to ruin your life.
Also, if you’re someone that has played this game before and been relatively unimpressed with the wallets available, Verge’s wallet tech is remarkable. Not only are the transactions faster and better than most of the other platforms out there, but they’re also really easy to authenticate, and wildly versatile for this phase of the market. If you’re like wtf kind of wallet are you talking about Chase, well then think of it as a digital wallet you use to store all of your money (cryptocurrency). Using Verge’s wallet is like having a Ralph Lauren, while using the wallet of some of these other platforms is like having purchased one from a sketchy flea market.
Anyhow, you just want to buy Verge. Read on so we can get into the really nitty gritty, and I can explain to you why you should have your head turned towards this cryptocurrency, how you can buy Verge, and why I’m advocating this.
III. Buy Bitcoin on Coinbase
I really love using Coinbase for buying Bitcoin. It’s just super easy — great interface — a baby could do it. That said, if you already have Bitcoin or prefer using some other site to buy yours — that’s cool too. Important thing here is to just own some Bitcoin.
Buy your Bitcoin using any of the payment methods I mentioned above. Using credit cards is the best way to go here, as the Bitcoin will be available immediately — versus some waiting period for using a linked bank account.
IV. Transfer Your Bitcoin to Binance
(Click to open slideshow)
- Find the Deposits page, search BTC. Click Deposit and copy the address string
- Now, head back to Coinbase. Here, you’ll go to the Send/Request tab. Paste the address you just made in the address input. MAKE SURE YOUR ADDRESS IS CORRECT, THERE’S NO SECOND TRY HERE.
- The full transfer will — in most cases — take up to hour to complete. It will quickly be displayed as “Pending” in Coinbase. Soon enough, you’ll be ready to trade your available Bitcoin.
V. Bid On Some Verge
Go to the Verge market page:
Here’s where you set the amount of Verge to buy. There are a few variables:
- Limit: Buy some amount of Verge at some price that isn’t the current market price
- Market: Buy some amount of Verge at market price
- Stop-Limit: Buy some amount of Verge, stop the order after some time of not being filled.