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 Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. EmerCoin (EMC) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate EmerCoin (EMC) As soon as your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To purchase EmerCoin (EMC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to find EmerCoin (EMC), you'll need to put the cointype (EMC) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “EMC/BTC” to proceed.
Step 4 – Buy EmerCoin (EMC) Once you have located EmerCoin (EMC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate EmerCoin (EMC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of EMC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete volumen of EMC. When you're happy, make a mouse click on “Buy EMC”. Your order will be filled when a Seller sells their EMC for the price you offered.
Step 5 – Withdraw EmerCoin (EMC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your EmerCoin (EMC), go to the ”Funds” tab and click on “Withdraw”. EmerCoin (EMC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate EmerCoin (EMC) by using the provided drop-down box. Enter the volumen of EmerCoin (EMC) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.
Congrats! You've successfully bought and safed EmerCoin (EMC).That's it! Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (EMC) EmerCoin is safe within your wallet, you are done.
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