A Step-by-Step-Guide on how to buy Edgeless (EDG)
Step 1 – Join CEX.io You'll first need to buy one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Edgeless (EDG) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Edgeless (EDG) As soon as your deposit has been affirmed, you'll now have access to your funds and you can initiate purchasing and trading. To purchase Edgeless (EDG) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Edgeless (EDG), you'll need to insert the short name of the asset (EDG) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this too. Click on “EDG/BTC” to proceed.
Step 4 – Buying Edgeless (EDG) Once you have found Edgeless (EDG), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Edgeless (EDG) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of EDG you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of EDG. If you're glad, make a mouse click on “Buy EDG”. Your plan will be filled when a Seller sells their EDG for the price you introduced.
Step 5 – Withdraw Edgeless (EDG) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your Edgeless (EDG), go to the tab called “Funds” and click on “Withdraw”. Edgeless (EDG) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Edgeless (EDG) by using the provided drop-down box. Put into the volumen of Edgeless (EDG) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You may be asked for phone/email verification ahead of a take off.