A Step-by-Step-Guide on how to buy Electroneum (ETN)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Electroneum (ETN) 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? (Follow these easy steps) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Electroneum (ETN) As soon as your deposit has been approved, you will now have access to your finances and you can begin buying and trading. To purchase Electroneum (ETN) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Electroneum (ETN), you will need to insert the short name of the asset (ETN) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ETN/BTC” to progress.
Step 4 – Purchase Electroneum (ETN) Once you have found Electroneum (ETN), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our Limit Order. The ”Price” field will be automatically filled with the recent rate Electroneum (ETN) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of ETN you like to buy. The ”Total” field is the total price in BTC that you will settle for the whole amount of ETN. If you're glad, make a mouse click on “Buy ETN”. Your plan will be filled when a Vender trades their ETN for the price you introduced.
Step 5 – Withdraw Electroneum (ETN) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To take off your Electroneum (ETN), go to the ”Funds” tab and click on “Withdraw”. Electroneum (ETN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Electroneum (ETN) by using the given drop-down box. Put into the volumen of Electroneum (ETN) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.