A Step-by-Step-Guide on how to buy EchoLink (EKO)
Step 1 – Join CEX.io You'll first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. EchoLink (EKO) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate EchoLink (EKO) As soon as your deposit has been approved, you'll immediately have access to your funds and you can initiate buying and trading. To invest in EchoLink (EKO) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover EchoLink (EKO), you'll need to insert the cointype (EKO) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've marked this also. Click on “EKO/BTC” to go on.
Step 4 – Acquisition of EchoLink (EKO) After you've located EchoLink (EKO), 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 image). And now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff EchoLink (EKO) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of EKO you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of EKO. When you're glad, click on “Buy EKO”. Your order will be filled when a Vender sells their EKO for the price you submitted.
Step 5 – Withdraw EchoLink (EKO) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive time frame. In order to take off your EchoLink (EKO), hover over the ”Funds” tab and mouse click on “Withdraw”. EchoLink (EKO) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find EchoLink (EKO) by using the provided drop-down box. Put into the volumen of EchoLink (EKO) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be asked for phone/email verification before a withdrawal.