A Step-by-Step-Guide on how to buy Essentia (ESS)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10 Dollar.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Essentia (ESS) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate (ESS) Essentia As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To purchase (ESS) Essentia on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate (ESS) Essentia, you'll need to insert the shortname of the coin (ESS) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this too. Click on “ESS/BTC” to proceed.
Step 4 – Purchase Essentia (ESS) As soon as you have located Essentia (ESS), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Essentia (ESS) was sold for. You can change this to your favoured price. The ”Amount” field is the volumen of ESS you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of ESS. When you are satisfied, make a mouse click on “Buy ESS”. Your plan will be filled when a Vender trades their ESS for the price you gave.
Step 5 – Withdraw Essentia (ESS) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time period. In order to take off your Essentia (ESS), hover over the ”Funds” tab and mouse click on “Withdraw”. Essentia (ESS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Essentia (ESS) by using the provided drop-down box. Drop in the quantity of Essentia (ESS) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.