A Step-by-Step-Guide on how to buy Eidoo (EDO)
Step 1 – Join Kraken You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting Funds.
Step 2 – Transmit Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Eidoo (EDO) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Eidoo (EDO) As soon as your deposit has been affirmed, you will immediately have access to your finances and you can initiate invest and trading. To buy Eidoo (EDO) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To find Eidoo (EDO), you'll need to insert the short name of the asset (EDO) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've marked this also. Click on “EDO/BTC” to go ahead.
Step 4 – Acquisition of Eidoo (EDO) As soon as you have discovered Eidoo (EDO), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be filled with the most latest rate Eidoo (EDO) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of EDO you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete volumen of EDO. When you are glad, click on “Buy EDO”. Your order will be filled when a Vender sells their EDO for the price you offered.
Step 5 – Withdraw Eidoo (EDO) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your Eidoo (EDO), hover over the tab called “Funds” and mouse click on “Withdraw”. Eidoo (EDO) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Eidoo (EDO) by using the provided drop-down box. Drop in the volumen of Eidoo (EDO) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.
Congratulations! You have successfully purchased and stored Eidoo (EDO).That's it! Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (EDO) Eidoo is safe in your wallet, you are all done.
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