How to Buy Effect.AI (EFX)

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive Bitcoin or Ethereum.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Effect.AI (EFX) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Effect.AI (EFX)

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can begin purchasing and trading. To buy Effect.AI (EFX) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover Effect.AI (EFX), you will need to insert the cointype (EFX) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “EFX/BTC” to advance.

Step 4 – Purchase Effect.AI (EFX)

After you have discovered Effect.AI (EFX), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most recent price Effect.AI (EFX) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of EFX you wish to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of EFX.

When you're glad, click on “Buy EFX”. Your order will be filled as soon as a Vender sells their EFX for the price you offered.

Step 5 – Withdraw Effect.AI (EFX)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. In order to withdraw your Effect.AI (EFX), go to the ”Funds” tab and mouse click on “Withdraw”. Effect.AI (EFX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Effect.AI (EFX) by using the provided drop-down box. Drop in the volumen of Effect.AI (EFX) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.