A Step-by-Step-Guide on how to buy Educoin (EDU)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your welcome $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Educoin (EDU) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (EDU) Educoin Once your deposit has been affirmed, you'll instantly have access to your funds and you can launch buying and trading. To purchase (EDU) Educoin on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (EDU) Educoin, you'll need to insert the shortname of the coin (EDU) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we've highlighted this also. Click on “EDU/BTC” to go on.
Step 4 – Buying Educoin (EDU) Once you have discovered Educoin (EDU), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order. The ”Price” field will be automatically filled with the most latest rate Educoin (EDU) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of EDU you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of EDU. If you are satisfied, click on “Buy EDU”. Your plan will be filled as soon as a Vendor sells their EDU for the price you offered.
Step 5 – Withdraw (EDU) Educoin Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time frame. To take off your (EDU) Educoin, go to the tab called “Funds” and click on “Withdraw”. (EDU) Educoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (EDU) Educoin by using the given drop-down box. Drop in the amount of (EDU) Educoin you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.