Are you ready to buy your first cryptocurrency or looking to further expand your portfolio? In the Coinmerce app, this process is simple and secure. In this article, we explain step-by-step how to make a purchase and what to look out for.
Step 1: Open the transaction menu
Open the app and tap the central blue button with the two arrows in the navigation bar. A menu will appear with several options. Tap the top option: 'Buy Crypto'.
Tip: You can also go directly to the 'Coins' tab, select the desired coin from the list, and tap the 'Buy' button there.
Step 2: Choose your order type
By default, the app is set to a 'Direct order'. This allows you to buy the coin immediately at the current market price. Would you rather buy automatically when the rate hits a certain price? Then you can also choose a 'Trigger order' or 'Auto Invest' (recurring investment).
Step 3: Choose your payment method
Tap the button below the amount to choose your 'Payment method'. You have two choices:
iDEAL: Pay instantly and securely via your own bank app.
Euro balance: Use the euro balance already available in your Coinmerce wallet.
Step 4: Enter the amount
Use the numerical keyboard to enter the amount in euros you wish to spend. Directly below, you will see an estimate of how much cryptocurrency you will receive. Then, tap the blue 'Buy' button.
Step 5: Check the preview (Overview)
A complete overview of your order will be displayed. Check the following details:
Receiving: The exact amount of crypto you will receive.
Trading fee: The costs for executing the transaction.
Total: The total amount, including all fees.
Step 6: Confirm your purchase
Is everything correct? Tap the large blue button 'Confirm buy'. Once the payment is successfully completed, the screen 'Purchase has been successful' will appear. You will find your new coins immediately in your Wallet. Tap 'Done' to return to the main screen.