A Step-by-Step-Guide on how to buy EDRCoin (EDRC)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. EDRCoin (EDRC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate EDRCoin (EDRC) Once your deposit has been verified, you'll now have access to your funds and you can launch purchasing and trading. To purchase EDRCoin (EDRC) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to locate EDRCoin (EDRC), you'll need to insert the cointype (EDRC) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “EDRC/BTC” to go on.
Step 4 – Purchase (EDRC) EDRCoin Once you've located (EDRC) EDRCoin, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled with the up-to-date rate (EDRC) EDRCoin was traded for. This can be changed to your desired price. The ”Amount” field is the amount of EDRC you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of EDRC. If you're happy, click on “Buy EDRC”. Your plan will be filled when a Vendor trades their EDRC for the price you gave.
Step 5 – Withdraw EDRCoin (EDRC) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your EDRCoin (EDRC), hover over the ”Funds” tab and click on “Withdraw”. EDRCoin (EDRC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate EDRCoin (EDRC) by using the provided drop-down box. Put into the amount of EDRCoin (EDRC) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.