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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Edgeless (EDG) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Edgeless (EDG) As soon as your deposit has been approved, you will instantly have access to your assets and you can begin invest and trading. To purchase Edgeless (EDG) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate Edgeless (EDG), you'll need to insert the cointype (EDG) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “EDG/BTC” to proceed.
Step 4 – Buy Edgeless (EDG) After you have found Edgeless (EDG), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date tariff Edgeless (EDG) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of EDG you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of EDG. When you're happy, make a mouse click on “Buy EDG”. Your plan will be filled when a Vendor trades their EDG for the price you offered.
Step 5 – Withdraw Edgeless (EDG) Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your Edgeless (EDG), hover over the tab called “Funds” and click on “Withdraw”. Edgeless (EDG) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Edgeless (EDG) by using the given drop-down box. Put into the volumen of Edgeless (EDG) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.