A Step-by-Step-Guide on how to buy Echoin (EC)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Echoin (EC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (EC) Echoin Once your deposit has been approved, you will immediately have access to your assets and you can begin buying and trading. To purchase (EC) Echoin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate (EC) Echoin, you will need to put the cointype (EC) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “EC/BTC” to continue.
Step 4 – Purchase Echoin (EC) As soon as you've spotted Echoin (EC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Echoin (EC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of EC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of EC. If you're glad, make a mouse click on “Buy EC”. Your order will be filled when a Vendor sells their EC for the price you offered.
Step 5 – Withdraw (EC) Echoin Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your (EC) Echoin, hover over the ”Funds” tab and mouse click on “Withdraw”. (EC) Echoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (EC) Echoin by using the provided drop-down box. Drop in the quantity of (EC) Echoin you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.