A Step-by-Step-Guide on how to buy EmerCoin (EMC)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. EmerCoin (EMC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find EmerCoin (EMC) Once your deposit has been confirmed, you will directly have access to your finances and you can initiate invest and trading. To invest in EmerCoin (EMC) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To locate EmerCoin (EMC), you will need to put the shortname of the coin (EMC) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “EMC/BTC” to proceed.
Step 4 – Buying EmerCoin (EMC) After you have found EmerCoin (EMC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation EmerCoin (EMC) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of EMC you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of EMC. If you are satisfied, click on “Buy EMC”. Your order will be filled as soon as a Vender trades their EMC for the price you offered.
Step 5 – Withdraw EmerCoin (EMC) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an extensive time frame. To withdraw your EmerCoin (EMC), go to the ”Funds” tab and click on “Withdraw”. EmerCoin (EMC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate EmerCoin (EMC) by using the given drop-down box. Drop in the volumen of EmerCoin (EMC) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.