A Step-by-Step-Guide on how to buy Ergo (ERG)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an 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 Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (ERG) Ergo As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start buying and trading. To purchase (ERG) Ergo on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to discover (ERG) Ergo, you'll need to insert the shortname of the coin (ERG) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “ERG/BTC” to progress.
Step 4 – Purchase Ergo (ERG) After you've found Ergo (ERG), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The ”Price” field will be filled with the most latest rate Ergo (ERG) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of ERG you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of ERG. When you are happy, click on “Buy ERG”. Your plan will be filled as soon as a Vendor trades their ERG for the price you gave.
Step 5 – Withdraw Ergo (ERG) Unless you're trading, you should never keepyour coins on an Exchange for an extensive time frame. To withdraw your Ergo (ERG), go to the tab called “Funds” and click on “Withdraw”. Ergo (ERG) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ergo (ERG) by using the given drop-down box. Enter the quantity of Ergo (ERG) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be asked for email/phone verification before a withdrawal.