A Step-by-Step-Guide on how to buy Edenchain (EDN)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Edenchain (EDN) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (EDN) Edenchain As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can initiate buying and trading. To buy (EDN) Edenchain on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover (EDN) Edenchain, you'll need to insert the short name of the asset (EDN) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “EDN/BTC” to proceed.
Step 4 – Purchase Edenchain (EDN) Once you have found Edenchain (EDN), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order. The ”Price” field will be filled with the up-to-date valuation Edenchain (EDN) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of EDN you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole quantity of EDN. If you are glad, click on “Buy EDN”. Your plan will be filled when a Vender trades their EDN for the price you submitted.
Step 5 – Withdraw Edenchain (EDN) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Edenchain (EDN), hover over the ”Funds” tab and click on “Withdraw”. Edenchain (EDN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Edenchain (EDN) by using the provided drop-down box. Enter the quantity of Edenchain (EDN) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.