How to Buy Ethereum Classic (ETC)

A Step-by-Step-Guide on how to buy Ethereum Classic (ETC)

Step 1 – Join Kraken

You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ethereum Classic (ETC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate Ethereum Classic (ETC)

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in Ethereum Classic (ETC) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To find Ethereum Classic (ETC), you'll need to put the shortname of the coin (ETC) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “ETC/BTC” to proceed.

Binance Hot To Buy Ethereum Classic (ETC)
Binance How to Buy (ETC) Ethereum Classic
Step 4 – Acquisition of Ethereum Classic (ETC)

After you have spotted Ethereum Classic (ETC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most recent valuation Ethereum Classic (ETC) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of ETC you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of ETC.

When you are happy, make a mouse click on “Buy ETC”. Your order will be filled when a Vender trades their ETC for the price you submitted.

Step 5 – Withdraw Ethereum Classic (ETC)

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Ethereum Classic (ETC), hover over the ”Funds” tab and mouse click on “Withdraw”. Ethereum Classic (ETC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ethereum Classic (ETC) by using the given drop-down box. Enter the amount of Ethereum Classic (ETC) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congrats! You've successfully bought and safed Ethereum Classic (ETC).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (ETC) Ethereum Classic is safe inside your wallet, you are done.

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