A Step-by-Step-Guide on how to buy EDRCoin (EDRC)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. EDRCoin (EDRC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find (EDRC) EDRCoin As soon as your deposit has been verified, you will directly have access to your finances and you can commence invest and trading. To invest in (EDRC) EDRCoin on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To spot (EDRC) EDRCoin, you will need to insert the shortname of the coin (EDRC) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this too. Click on “EDRC/BTC” to go ahead.
Step 4 – Buying EDRCoin (EDRC) After you have found EDRCoin (EDRC), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate EDRCoin (EDRC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of EDRC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of EDRC. If you are satisfied, click on “Buy EDRC”. Your order will be filled as soon as a Seller trades their EDRC for the price you gave.
Step 5 – Withdraw (EDRC) EDRCoin Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive period of time. To take off your (EDRC) EDRCoin, go to the ”Funds” tab and mouse click on “Withdraw”. (EDRC) EDRCoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (EDRC) EDRCoin by using the provided drop-down box. Enter the amount of (EDRC) EDRCoin you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a take off.