A Step-by-Step-Guide on how to buy Edenchain (EDN)
Step 1 – Signup to CEX.io You'll first need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Edenchain (EDN) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Edenchain (EDN) As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate buying and trading. To invest in Edenchain (EDN) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover Edenchain (EDN), you'll need to insert the shortname of the coin (EDN) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “EDN/BTC” to progress.
Step 4 – Buying Edenchain (EDN) After you've found Edenchain (EDN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order. The ”Price” field will be automatically filled with the up-to-date rate Edenchain (EDN) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of EDN you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of EDN. If you are glad, make a mouse click on “Buy EDN”. Your plan will be filled as soon as a Vender trades their EDN for the price you gave.
Step 5 – Withdraw Edenchain (EDN) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time frame. In order to withdraw your Edenchain (EDN), hover over the ”Funds” tab and mouse 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. Put into the volumen of Edenchain (EDN) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You may be asked for phone/email verification ahead of a take off.