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 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Electroneum (ETN) is obtainable 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 manual)

Make sure you've selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find Electroneum (ETN)

Once your deposit has been confirmed, you'll instantly have access to your funds and you can launch invest and trading. To buy Electroneum (ETN) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate Electroneum (ETN), you'll need to put the short name of the asset (ETN) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this also. Click on “ETN/BTC” to continue.

Step 4 – Purchase Electroneum (ETN)

After you've located Electroneum (ETN), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation Electroneum (ETN) was sold for. You can change this to your desired price. The ”Amount” field is the amount of ETN you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete volumen of ETN.

When you are satisfied, click on “Buy ETN”. Your order will be filled when a Vender trades their ETN for the price you submitted.

Step 5 – Withdraw Electroneum (ETN)

Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. In order to withdraw your Electroneum (ETN), go to the ”Funds” tab and mouse click on “Withdraw”. Electroneum (ETN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Electroneum (ETN) by using the given drop-down box. Drop in the quantity of Electroneum (ETN) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, click on “Submit”. You could be asked for phone/email verification before a withdrawal.