How to buy Virtuals Protocol (VIRTUAL) coins on mobile phone

To purchase VIRTUAL coins on mobile, select a reputable crypto exchange, create an account, deposit funds, locate the VIRTUAL trading pair, place a buy order, monitor the order, and consider withdrawing to a cryptocurrency wallet for enhanced security.

Dec 04, 2024 at 05:01 pm

Comprehensive Guide: Buying Virtuals Protocol (VIRTUAL) Coins on Mobile Phone

Virtual Protocol (VIRTUAL) is a decentralized, censorship-resistant blockchain network developed by the Virtual Labs team. The network aims to provide users with a secure and efficient platform for conducting digital transactions and accessing a suite of decentralized applications (dApps).

Step 1: Choose a Reliable Crypto Exchange

• Select a reputable and user-friendly crypto exchange that supports VIRTUAL trading. Consider factors such as security, liquidity, and fees.

• Some popular options include:

  • Coinbase
  • Binance
  • Kraken

Step 2: Create an Exchange Account

• Register for an account on the chosen crypto exchange by providing your personal information and undergoing identity verification.
• Follow the exchange's instructions to complete the account creation process.

Step 3: Fund Your Account

• Select the preferred funding method offered by the exchange. Options may include bank transfer, credit/debit card, or other cryptocurrencies.
• Follow the exchange's instructions to deposit the desired amount of funds into your trading account.

Step 4: Navigate to the VIRTUAL Trading Pair

• Once your account is funded, navigate to the trading interface on the exchange.
• Search for the VIRTUAL trading pair, typically listed as VIRTUAL/USDT or VIRTUAL/BTC.

Step 5: Place a Buy Order

• Enter the amount of VIRTUAL coins you wish to purchase.
• Select the type of order you want to place, such as a market order or a limit order. A market order executes immediately at the current market price, while a limit order allows you to specify a specific price at which the order should be filled.
• Review the order details and click "Buy VIRTUAL" to place the order.

Step 6: Monitor and Manage Your Order

• The exchange will process your order and execute it when the pre-defined conditions are met.
• You can monitor the status of your order from the "My Orders" section of the exchange.
• Once the order is successfully filled, the VIRTUAL coins will be credited to your account balance.

Step 7: Withdraw VIRTUAL Coins to Your Wallet

• Optional: Consider withdrawing your VIRTUAL coins to a hardware or software cryptocurrency wallet for enhanced security and control.
• Select the "Withdraw" option on the exchange and specify the destination wallet address.
• Follow the exchange's instructions to complete the withdrawal process.