A Step-by-Step-Guide on how to buy Ethereum Classic (ETC)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has 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 have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Ethereum Classic (ETC) Once your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To buy Ethereum Classic (ETC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot Ethereum Classic (ETC), you'll need to put the short name of the asset (ETC) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this too. Click on “ETC/BTC” to go ahead.
Step 4 – Purchase Ethereum Classic (ETC) After you've found Ethereum Classic (ETC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Ethereum Classic (ETC) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of ETC you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of ETC. If you are happy, make a mouse click on “Buy ETC”. Your order will be filled when a Vendor sells their ETC for the price you gave.
Step 5 – Withdraw (ETC) Ethereum Classic Unless you're regularly trading, never keep your crypto on an Exchange for an extensive time period. In order to withdraw your (ETC) Ethereum Classic, go to the tab called “Funds” and click on “Withdraw”. (ETC) Ethereum Classic can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ETC) Ethereum Classic by using the provided drop-down box. Drop in the volumen of (ETC) Ethereum Classic you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.