6) Now you need to setup your funding sources (i.e how you plan on purchasing your Bitcoin or Ethereum). Since you are reading this guide now and the plan is to use your BTC or ETH to purchase Gencoin (NES), I’d suggest using the Credit Card funding option. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, How to buy gencoin and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. You’ve purchased Gencoin (NES) using USD with the help of another crypto exchange. After your transfer of your crypto from Coinbase to your exchange’s wallet is confirmed, you’ll want to initiate a trade of that specific cryptocurrency for Gencoin (NES).
These tools can roughly be divided into indicators and chart patterns. The GenCoin Capital death cross happens when GenCoin Capital’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The GenCoin Capital golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. The 200-day SMA is calculated by taking GenCoin Capital’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
Step 2: Buy BTC with fiat money
To purchase Gencoin (NES) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account. The exchange offers three different wallets like MetaMask, Coinbase, and WalletConnect. So if you have these wallets and also got crypto in them, you can easily swap those coins for another cryptocurrency without any trouble. Now you need to send that purchased cryptocurrency to your new exchange’s wallet. Since we don’t want to miss any steps in this important process, click here to view the official how-to guide from Coinbase on transferring your currency to another wallet.
BTCC stands the test of time and has never experienced a single security breach since 2011. BTCC provides real-time market quotes and ensures the best liquidity at all times. There are all sorts of useful tools for trading GENCAP and other cryptocurrencies. GENCAP is currently supported on both Gate.io (an American exchange), and Binance (a popular exchange started in China, but currently based in Malta). Based on multiple technical quantitative indicators, the current forecast for GenCoin Capital in 2023 is Neutral.
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However, like all cryptocurrencies, the above-mentioned coins are volatile, and trading involves risks. Therefore, before making any investments, you should do your own research (DYOR) and assess your risk appetite before proceeding. On BTCC, you can buy USDT with a credit/debit card and pay in fiat currencies such as USD, KRW, TWD, JPY, and AUD. Our crypto conversion feature allows users to convert their USDT to other coins like BTC, ETH, XRP, ADA, and LTC. GENCAP is an ERC-20 token, meaning that you’ll need to buy Ether (ETH) to purchase it. ETH is available on Coinbase, You can easily purchase it directly from the exchange.
We have never seen a spam message came from this, rather it is only used to login to your account and alert you to any major account changes. Once you are at their website you’ll need to enter your email address in the get started box. Make sure that this is both an email address you have access to and also one that you consider the most secure as you’ll use this to sign in and manage your cryptocurrencies. We’ve put together this quick step-by-step guide to show you how to buy Gencoin (NES) using US Dollar.
How to buy GenCoin Capital step by step guide
To add a payment method to your account, you can either click on the “Add payment method” box that appears at the top of the main screen on Coinbase, or click on your profile photo then settings then payment methods. Once you’ve completed that portion, the next step will be a photo verification. Since we are discussing how to purchase [coin] [symbol] using US Dollar, we are assuming you are a US resident. If that’s the case you can either upload your Driver’s License, State ID card, or passport to verify your identity. The next part sometimes changes (we are guessing Coinbase does a lot of user testing) but normally you are then asked for your mobile phone number. This is 100% so you can setup your Two-factor authentication (2FA) to make your account even more secure.
Just like with any other asset, the price action of GenCoin Capital is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of GENCAP. The market capitalization of GenCoin Capital can change significantly in a short period of time. If you want to fund your account using your Bank Account, your purchased cryptocurrency will not available for trading for 4 to 5 business days.
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Unlike sending money overseas, you can send GenCoin Capital to anyone in the world virtually instantly. Let me reiterate, I am not a licensed professional so I can’t give you any investment advice on how to handle the next step. Now you should be ready to make your first purchase of Bitcoin or Ethereum that you will then use to buy Gencoin (NES). After this, the swap has been done and you will get a Token in your MetaMask wallet.
Fill out how much US Dollar you’d like to invest in and click the “Buy” button and … As with the whole account process, Coinbase made the purchase of a cryptocurrency very simple and straight-forward. As with more sign-up processes, the next step will be Coinbase sending you an email to verify your email address. Once you receive the email just click on the link and you should now have access to your Coinbase account.
What we need to do next is just purchase another cryptocurrency and then transfer it to an exchange that currently supports trading NES. The top cryptocurrencies, based on market capitalisation or total value in circulation, include Bitcoin (BTC), Ether (ETH), Tether (USDT), USD Coin (USDC), and Ripple (XRP). Founded in 2011 and headquartered in the UK, BTCC is one of the world’s first cryptocurrency exchanges, currently specialising in providing crypto derivatives, futures, and stock trading services. BTCC ranks in the top 10 of CoinGecko’s derivatives exchanges year-round. BTCC is constantly reviewing and adding cryptocurrencies that can be used on the platform. If you would like to buy GenCoin Capital GENCAP, which is currently not listed on BTCC, you can visit other exchanges that support the purchase of GenCoin Capital GENCAP.
- The top cryptocurrencies, based on market capitalisation or total value in circulation, include Bitcoin (BTC), Ether (ETH), Tether (USDT), USD Coin (USDC), and Ripple (XRP).
- For example, a 12-day simple moving average for GENCAP is a sum of GENCAP’s closing prices over the last 12 days which is then divided by 12.
- Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial.
- Usually, charges depend on transaction value, the payment channel, and other factors.
Plus since your funding will be doing using the Bitcoin or Ethereum your’ve already purchased, the setup should take less time. This includes sites like coingecko.com and coinmarketcap.com which provide live price feeds and trackers with all sorts of useful statistics like market cap, total supply of GENCAP trading and more, all in real time. You can also use a DEX (decentralized exchange) like Uniswap to trade for GENCAP. You can predict cryptocurrency prices by considering both on-chain and off-chain metrics, as well as technical indicators that take into account GenCoin Capital’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about GenCoin Capital. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results.
GenCoin Capital Historical Price Performance
Gencoin Capital is a community-driven token that aims to bring generational wealth for its holders. Powered by a unique investment treasury and a turbo-charged tokenomic system, Gencoin is strategically designed to incentivize holders with token buybacks, holder giveaways, and charity events. Limit price bascially says you want to purchase a certain amount of Gencoin (NES) at a specific price. If the price of NES gets to that price your order will be processed. Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price. At the exchange where you are wanting to purchase Gencoin (NES) you will need to get your account’s BTC or ETH wallet ID.
- Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price.
- Coinbase currently does not support the purchasing of Gencoin, however don’t worry.
- Based on our technical indicators, GenCoin Capital’s 200-day SMA will drop in the next month and will hit $ 8.001e-13 by Jun 30, 2023.
- This is usually just a matter of searching for GENCAP within the exchange and selecting your Bitcoin to trade for it.
- The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
- A rising 50-day SMA indicates a positive GENCAP price trend in the medium term, while a dropping SMA indicates the opposite.
The token is powered by a unique investment treasury and a tokenomic system designed to incentivize holders. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. Also if you are interested in investing in other cryptocurrencies you more than likely can do that at the exchange you used to invest in Gencoin (NES). If not, just follow the same steps as before except skipping the whole setting up a Coinbase account since you already took care of that.