A Step-by-Step-Guide on how to buy EchoLink (EKO)
Step 1 – Join Kraken You will first need to purchase one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. EchoLink (EKO) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate EchoLink (EKO) Once your deposit has been affirmed, you'll now have access to your finances and you can commence invest and trading. To buy EchoLink (EKO) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover EchoLink (EKO), you will need to insert the short name of the asset (EKO) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we've marked this also. Click on “EKO/BTC” to proceed.
Step 4 – Buying EchoLink (EKO) Once you've located EchoLink (EKO), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order. The ”Price” field will be filled with the most latest price EchoLink (EKO) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of EKO you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of EKO. If you're satisfied, click on “Buy EKO”. Your order will be filled when a Vender sells their EKO for the price you gave.
Step 5 – Withdraw EchoLink (EKO) Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your EchoLink (EKO), go to the tab called “Funds” and mouse click on “Withdraw”. EchoLink (EKO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate EchoLink (EKO) by using the given drop-down box. Enter the quantity of EchoLink (EKO) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.