A Step-by-Step-Guide on how to buy Educoin (EDU)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Educoin (EDU) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (EDU) Educoin As soon as your deposit has been approved, you will immediately have access to your funds and you can begin invest and trading. To buy (EDU) Educoin on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot (EDU) Educoin, you will need to put the short name of the asset (EDU) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “EDU/BTC” to progress.
Step 4 – Purchase Educoin (EDU) After you've located Educoin (EDU), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Educoin (EDU) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of EDU you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of EDU. When you are satisfied, click on “Buy EDU”. Your plan will be filled as soon as a Vendor trades their EDU for the price you submitted.
Step 5 – Withdraw (EDU) Educoin Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extensive period of time. To take off your (EDU) Educoin, hover over the tab called “Funds” and click on “Withdraw”. (EDU) Educoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (EDU) Educoin by using the provided drop-down box. Put into the quantity of (EDU) Educoin you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're satisfied, click on “Submit”. You may be requested for email/phone verification before a take off.