A Step-by-Step-Guide on how to buy Ecochain (ECOC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ecochain (ECOC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Ecochain (ECOC) Once your deposit has been affirmed, you'll immediately have access to your funds and you can initiate invest and trading. To invest in Ecochain (ECOC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover Ecochain (ECOC), you'll need to put the cointype (ECOC) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “ECOC/BTC” to go on.
Step 4 – Buy Ecochain (ECOC) Once you've spotted Ecochain (ECOC), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Ecochain (ECOC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of ECOC you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole amount of ECOC. When you are happy, make a mouse click on “Buy ECOC”. Your plan will be filled when a Vendor sells their ECOC for the price you submitted.
Step 5 – Withdraw Ecochain (ECOC) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time period. To take off your Ecochain (ECOC), go to the ”Funds” tab and mouse click on “Withdraw”. Ecochain (ECOC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ecochain (ECOC) by using the given drop-down box. Drop in the amount of Ecochain (ECOC) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.