A Step-by-Step-Guide on how to buy Ergo (ERG)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your first 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Ergo (ERG) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Ergo (ERG) Once your deposit has been verified, you'll instantly have access to your finances and you can start purchasing and trading. To buy Ergo (ERG) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Ergo (ERG), you'll need to insert the shortname of the coin (ERG) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “ERG/BTC” to go ahead.
Step 4 – Purchase (ERG) Ergo As soon as you have found (ERG) Ergo, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside 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 latest rate (ERG) Ergo was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of ERG you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole quantity of ERG. If you're glad, make a mouse click on “Buy ERG”. Your order will be filled when a Seller sells their ERG for the price you introduced.
Step 5 – Withdraw Ergo (ERG) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extensive period of time. In order to withdraw your Ergo (ERG), go to the ”Funds” tab and mouse click on “Withdraw”. Ergo (ERG) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ergo (ERG) by using the provided drop-down box. Drop in the quantity of Ergo (ERG) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via phone/email before a take off.