A Step-by-Step-Guide on how to buy EDRCoin (EDRC)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. EDRCoin (EDRC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate EDRCoin (EDRC) Once your deposit has been verified, you will directly have access to your finances and you can start invest and trading. To invest in EDRCoin (EDRC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find EDRCoin (EDRC), you'll need to put the shortname of the coin (EDRC) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “EDRC/BTC” to progress.
Step 4 – Purchasing EDRCoin (EDRC) As soon as you've found EDRCoin (EDRC), 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). For now we are creating our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff EDRCoin (EDRC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of EDRC you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of EDRC. When you're glad, click on “Buy EDRC”. Your order will be filled as soon as a Vender trades their EDRC for the price you introduced.
Step 5 – Withdraw EDRCoin (EDRC) Unless you are regularly trading, you should never keepyour coins on an Exchange for an longer time frame. To take off your EDRCoin (EDRC), go to the tab called “Funds” and mouse click on “Withdraw”. EDRCoin (EDRC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find EDRCoin (EDRC) by using the provided drop-down box. Put into the volumen of EDRCoin (EDRC) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be asked for email/phone verification ahead of a take off.