A Step-by-Step-Guide on 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 BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Effect.AI (EFX) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Effect.AI (EFX) Once your deposit has been confirmed, you'll immediately have access to your finances and you can start purchasing and trading. To buy Effect.AI (EFX) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover Effect.AI (EFX), you'll need to put the shortname of the coin (EFX) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this too. Click on “EFX/BTC” to go on.
Step 4 – Buying Effect.AI (EFX) Once you have found Effect.AI (EFX), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the recent tariff Effect.AI (EFX) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of EFX you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of EFX. If you are happy, make a mouse click on “Buy EFX”. Your order will be filled as soon as a Vendor trades their EFX for the price you offered.
Step 5 – Withdraw Effect.AI (EFX) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to withdraw your Effect.AI (EFX), go to the ”Funds” tab and click on “Withdraw”. Effect.AI (EFX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Effect.AI (EFX) by using the given drop-down box. Enter the amount of Effect.AI (EFX) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.