How to Buy EDC Blockchain (EDC)

A Step-by-Step-Guide on how to buy EDC Blockchain (EDC)

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. EDC Blockchain (EDC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate EDC Blockchain (EDC)

As soon as your deposit has been verified, you'll instantly have access to your funds and you can initiate invest and trading. To buy EDC Blockchain (EDC) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To spot EDC Blockchain (EDC), you'll need to put the shortname of the coin (EDC) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “EDC/BTC” to progress.

Binance Hot To Buy EDC Blockchain (EDC)
Binance How to Buy (EDC) EDC Blockchain
Step 4 – Buying EDC Blockchain (EDC)

Once you've located EDC Blockchain (EDC), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate EDC Blockchain (EDC) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of EDC you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of EDC.

When you are glad, click on “Buy EDC”. Your order will be filled as soon as a Seller trades their EDC for the price you introduced.

Step 5 – Withdraw EDC Blockchain (EDC)

Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extensive time frame. In order to withdraw your EDC Blockchain (EDC), hover over the ”Funds” tab and click on “Withdraw”. EDC Blockchain (EDC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find EDC Blockchain (EDC) by using the provided drop-down box. Enter the volumen of EDC Blockchain (EDC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored EDC Blockchain (EDC).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (EDC) EDC Blockchain is stored within your wallet, you're done.

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