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 – Transmit Your Funds to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ethereum Classic (ETC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Ethereum Classic (ETC)

Once your deposit has been affirmed, you'll now 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 click on “Basic”.

In order to spot Ethereum Classic (ETC), you'll need to insert the shortname of the coin (ETC) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this too. Click on “ETC/BTC” to progress.

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

As soon as you have spotted Ethereum Classic (ETC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff Ethereum Classic (ETC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of ETC you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of ETC.

When you are happy, make a mouse click on “Buy ETC”. Your plan will be filled as soon as a Vendor sells their ETC for the price you gave.

Step 5 – Withdraw Ethereum Classic (ETC)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. To take off your Ethereum Classic (ETC), hover over the ”Funds” tab and click on “Withdraw”. Ethereum Classic (ETC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ethereum Classic (ETC) by using the given drop-down box. Drop in the quantity of Ethereum Classic (ETC) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (ETC) Ethereum Classic is safe in your wallet, you're finished.

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