A Step-by-Step-Guide on how to buy Eroscoin (ERO)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Eroscoin (ERO) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Eroscoin (ERO) Once your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To buy Eroscoin (ERO) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot Eroscoin (ERO), you'll need to insert the shortname of the coin (ERO) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this also. Click on “ERO/BTC” to go ahead.
Step 4 – Buying (ERO) Eroscoin After you have located (ERO) Eroscoin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (ERO) Eroscoin was traded for. You can change this to your desired price. The ”Amount” field is the volumen of ERO you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of ERO. If you are happy, click on “Buy ERO”. Your plan will be filled when a Seller sells their ERO for the price you offered.
Step 5 – Withdraw Eroscoin (ERO) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time period. To withdraw your Eroscoin (ERO), go to the tab called “Funds” and click on “Withdraw”. Eroscoin (ERO) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Eroscoin (ERO) by using the provided drop-down box. Put into the amount of Eroscoin (ERO) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.