How to Buy or Sell Verge (XVG)

In Walkthroughs by CryptoWalkthrough Team

Trade Verge with Lowest Fees

XVG is best bought and sold on Binance

Verge has shown a lot of promise over the last few months, growing to reach a market cap of over $3 billion. This guide will walk you through how to quickly and safely buy or sell the Verge cryptocurrency.
Verge

Verge

$0.01

XVG -7.22%

How to Buy Verge

Verge has been around for over three years and is tradable on a number of exchanges. These include Binance, Bittrex, Cryptopia and HitBTC. We recommend you buy Verge on either the Binance or Bittrex exchanges. Our favorite is Binance, as they have the highest volume, the lowest 0.1% trading fees, fun trading competitions with great prizes, and easy to set up accounts.

To buy Verge, follow these simple steps:

  1. Ensure that you have some Bitcoin (BTC) or Ethereum (ETH) to use to purchase Verge. Binance does not accept fiat currency deposits. If you need BTC or ETH, read our quick guide to buying cryptocurrencies with Bitcoin or Ethereum.
  2. If you do not already have one, open a new account with Binance. It is free and easy to setup. On Binance, click the Create Account link to get started. If you like, read our full Binance review.
  3. (OPTIONAL) After opening your account, setup Two-factor Authorization (2FA) to add another layer of security. You can skip this step if you want to buy Verge immediately, but we highly recommend setting it up afterwards to better secure your account.
  4. After successfully confirming your account via the email you receive from Binance, log in with your account details, and navigate to the Funds > Deposits Withdrawals menu option.
  5. On this page, enter either BTC or ETH on the right and click the Bitcoin or Ethereum link displayed. Next, click the Copy Address button to copy the Deposit Address that is shown. Note that is very important that you select the correct currency deposit address. Be careful to not send BTC to your ETH deposit address for example. We recommend using ETH currently since confirmation times are much faster (meaning your ETH will be ready to be used to purchase Verge more quickly than a BTC deposit).
  6. Utilizing your wallet or exchange where you hold BTC or ETH, request a withdrawal or transfer to the Binance deposit address you just copied. Double-check the address before sending!
  7. Wait for the deposit to be confirmed. You can monitor the status in the Funds>History menu tab. For ETH deposits, assuming there are no issues with the Ethereum network, they will typically be confirmed in 10-15 minutes. For BTC, the wait can be considerably longer currently!
  8. Once confirmed, navigate to the Exchange>Basic, enter Verge into the search box on the top right and click either the small BTC or ETH button as appropriate. This will display the XVG/BTC or XVG/ETH trading pair. Click the pair. If you like, also click the star icon next to the XVG/BTC or XVG/ETH pair to mark it as a Favorite for easy access in the future.
  9. You will now see the trading view for either XVG/BTC or XVG/ETH. Look for the Buy XVG box that is below the chart of recent trade activity. Enter in the price you would like to pay, and the number of XVG you would like to purchase and click the green Buy XVG button. Your trade will now be placed. Depending on the price you set it may be fulfilled immediately, or it may take some time if you set a price lower than the market.
  10. Once your trade has completed, you can find the details under the Orders>Trade History menu option, showing the exact number of XVG you have purchased and their price in BTC or ETH. Congratulations, you are now the proud owner of Verge coins!

How to Sell Verge

This section assumes you already own some Verge tokens and have them stored on another exchange or in the Verge wallet. To sell Verge, follow these simple steps:

  1. If you do not already have one, open a new account with Binance. It is free and easy to setup. On Binance, click the Create Account link to get started. If you like, read our full Binance review.
  2. (OPTIONAL) After opening your account, setup Two-factor Authorization (2FA) to add another layer of security. You can skip this step if you want to sell Verge immediately, but we highly recommend setting it up afterwards to better secure your account.
  3. After successfully confirming your account via the email you receive from Binance, log in with your account details, and navigate to the Funds > Deposits Withdrawals menu option.
  4. On this page, click the Deposit link for Verge and copy the Deposit Address that is shown. Note that is very important that you select the correct currency deposit address. Be careful to not send Verge to your BTC deposit address for example.
  5. Utilizing your wallet or exchange where you hold Verge coins, request a withdrawal or transfer to the Binance deposit address you just copied. Double-check the address before sending!
  6. Wait for the deposit to be confirmed. You can monitor the status in the Funds>History menu tab.
  7. Once confirmed, navigate to the Exchange>Basic, enter XVG into the search box on the top right and click either the small BTC or ETH button based on what currency you would like to sell your XVG for. This will display the XVG/BTC or XVG/ETH trading pair. Click the pair. If you like, also click the star icon next to the XVG/BTC or XVG/ETH pair to mark it as a Favorite for easy access in the future.
  8. You will now see the trading view for either XVG/BTC or XVG/ETH. Look for the Sell XVG box that is below the chart of recent trade activity. Enter in the price you would like to sell for, and the number of Verge you would like to sell and click the red Sell XVG button. Your trade will now be placed. Depending on the price you set it may be fulfilled immediately, or it may take some time if you set a price higher than the market.
  9. Once your trade has completed, you can find the details under the Orders>Trade History menu option, showing the exact number of Verge you have sold and their price in BTC or ETH. Congratulations, you have sold your Verge coins!