A Step-by-Step-Guide on how to buy Edgeless (EDG)
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Edgeless (EDG) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Edgeless (EDG) Once your deposit has been approved, you'll now have access to your finances and you can start invest and trading. To invest in Edgeless (EDG) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Edgeless (EDG), you'll need to insert the short name of the asset (EDG) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've marked this too. Click on “EDG/BTC” to continue.
Step 4 – Buy Edgeless (EDG) After you've found Edgeless (EDG), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be filled with the most latest price Edgeless (EDG) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of EDG you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of EDG. When you are glad, make a mouse click on “Buy EDG”. Your order will be filled when a Seller sells their EDG for the price you introduced.
Step 5 – Withdraw Edgeless (EDG) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. To take off your Edgeless (EDG), hover over the ”Funds” tab and mouse click on “Withdraw”. Edgeless (EDG) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Edgeless (EDG) by using the provided drop-down box. Enter the quantity of Edgeless (EDG) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.