A Step-by-Step-Guide on how to buy Ether-1 (ETHO)
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and receive Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ether-1 (ETHO) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Ether-1 (ETHO) Once your deposit has been confirmed, you'll instantly have access to your finances and you can initiate buying and trading. To invest in Ether-1 (ETHO) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate Ether-1 (ETHO), you'll need to put the cointype (ETHO) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this too. Click on “ETHO/BTC” to go ahead.
Step 4 – Buying Ether-1 (ETHO) After you have located Ether-1 (ETHO), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the recent valuation Ether-1 (ETHO) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of ETHO you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of ETHO. If you're happy, click on “Buy ETHO”. Your order will be filled as soon as a Seller trades their ETHO for the price you submitted.
Step 5 – Withdraw Ether-1 (ETHO) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer period of time. To take off your Ether-1 (ETHO), go to the tab called “Funds” and click on “Withdraw”. Ether-1 (ETHO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ether-1 (ETHO) by using the provided drop-down box. Enter the amount of Ether-1 (ETHO) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.