A Step-by-Step-Guide on how to buy EBCoin (EBC)
Step 1 – Join Kraken You will first need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. EBCoin (EBC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate EBCoin (EBC) As soon as your deposit has been approved, you'll instantly have access to your finances and you can initiate invest and trading. To invest in EBCoin (EBC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate EBCoin (EBC), you'll need to insert the short name of the asset (EBC) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “EBC/BTC” to go on.
Step 4 – Buy EBCoin (EBC) Once you have found EBCoin (EBC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date valuation EBCoin (EBC) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of EBC you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of EBC. When you're satisfied, click on “Buy EBC”. Your plan will be filled as soon as a Vendor sells their EBC for the price you gave.
Step 5 – Withdraw EBCoin (EBC) Unless you are frequently trading, never keep your crypto on an Exchange for an extensive time period. To take off your EBCoin (EBC), go to the tab called “Funds” and click on “Withdraw”. EBCoin (EBC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate EBCoin (EBC) by using the given drop-down box. Drop in the amount of EBCoin (EBC) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.