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 Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

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

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find Ethereum Classic (ETC)

As soon as your deposit has been verified, you will now have access to your funds and you can launch buying and trading. To buy Ethereum Classic (ETC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find Ethereum Classic (ETC), you will need to put the cointype (ETC) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we have marked this too. Click on “ETC/BTC” to advance.

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

Once you've located Ethereum Classic (ETC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price Ethereum Classic (ETC) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of ETC you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of ETC.

If you're glad, make a mouse click on “Buy ETC”. Your order will be filled when a Vendor sells their ETC for the price you offered.

Step 5 – Withdraw Ethereum Classic (ETC)

Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer time frame. In order to take off your Ethereum Classic (ETC), go to the tab called “Funds” and mouse click on “Withdraw”. Ethereum Classic (ETC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ethereum Classic (ETC) by using the provided drop-down box. Enter the quantity of Ethereum Classic (ETC) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, 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!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (ETC) Ethereum Classic is stored inside your wallet, you're all done.
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