A Step-by-Step-Guide on how to buy EchoLink (EKO)
Step 1 – Join CEX.io You'll first need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. EchoLink (EKO) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (EKO) EchoLink As soon as your deposit has been affirmed, you will directly have access to your assets and you can start buying and trading. To invest in (EKO) EchoLink on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (EKO) EchoLink, you will need to insert the cointype (EKO) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “EKO/BTC” to continue.
Step 4 – Purchasing EchoLink (EKO) As soon as you've located EchoLink (EKO), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent price EchoLink (EKO) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of EKO you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of EKO. When you are glad, click on “Buy EKO”. Your order will be filled as soon as a Seller sells their EKO for the price you submitted.
Step 5 – Withdraw EchoLink (EKO) Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time period. To withdraw your EchoLink (EKO), go to 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. Enter the volumen of EchoLink (EKO) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.