A Step-by-Step-Guide on how to buy Edenchain (EDN)
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Edenchain (EDN) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Edenchain (EDN) As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence purchasing and trading. To buy Edenchain (EDN) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Edenchain (EDN), you'll need to put the shortname of the coin (EDN) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this also. Click on “EDN/BTC” to progress.
Step 4 – Buying Edenchain (EDN) As soon as you've located Edenchain (EDN), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff Edenchain (EDN) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of EDN you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of EDN. If you are glad, click on “Buy EDN”. Your order will be filled as soon as a Seller trades their EDN for the price you introduced.
Step 5 – Withdraw Edenchain (EDN) Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extended time period. In order to withdraw your Edenchain (EDN), hover over the ”Funds” tab and mouse click on “Withdraw”. Edenchain (EDN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Edenchain (EDN) by using the provided drop-down box. Enter the quantity of Edenchain (EDN) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.