A Step-by-Step-Guide on how to buy Ergo (ERG)
Step 1 – Join Kraken You'll first need to buy units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ergo (ERG) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Ergo (ERG) Once your deposit has been confirmed, you will directly have access to your finances and you can begin purchasing and trading. To buy Ergo (ERG) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate Ergo (ERG), you will need to put the shortname of the coin (ERG) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “ERG/BTC” to continue.
Step 4 – Buy Ergo (ERG) As soon as you've located Ergo (ERG), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price Ergo (ERG) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of ERG you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole volumen of ERG. When you are satisfied, click on “Buy ERG”. Your order will be filled as soon as a Seller sells their ERG for the price you offered.
Step 5 – Withdraw Ergo (ERG) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. To withdraw your Ergo (ERG), go to the ”Funds” tab and mouse click on “Withdraw”. Ergo (ERG) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ergo (ERG) by using the provided drop-down box. Put into the volumen of Ergo (ERG) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.