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 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. EmerCoin (EMC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the correct coin you wish to deposit. Bitcoin 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, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate EmerCoin (EMC) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can initiate invest and trading. To buy EmerCoin (EMC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate EmerCoin (EMC), you'll need to put the shortname of the coin (EMC) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've highlighted this also. Click on “EMC/BTC” to continue.
Step 4 – Buy EmerCoin (EMC) As soon as you've discovered EmerCoin (EMC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our Limit Order. The ”Price” field will be filled automatically with the recent price EmerCoin (EMC) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of EMC you like to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of EMC. If you are happy, make a mouse click on “Buy EMC”. Your order will be filled when a Vender trades their EMC for the price you submitted.
Step 5 – Withdraw EmerCoin (EMC) Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. In order to take off your EmerCoin (EMC), hover over the ”Funds” tab and click on “Withdraw”. EmerCoin (EMC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find EmerCoin (EMC) by using the provided drop-down box. Enter the volumen of EmerCoin (EMC) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.