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 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. EDRCoin (EDRC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find EDRCoin (EDRC) As soon as your deposit has been approved, you'll directly have access to your funds and you can begin purchasing and trading. To purchase EDRCoin (EDRC) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To locate EDRCoin (EDRC), you'll need to put the shortname of the coin (EDRC) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “EDRC/BTC” to continue.
Step 4 – Buy EDRCoin (EDRC) As soon as you have located EDRCoin (EDRC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order. The ”Price” field will be filled automatically with the most up-to-date price EDRCoin (EDRC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of EDRC you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole quantity of EDRC. When you are happy, make a mouse click on “Buy EDRC”. Your order will be filled when a Vender trades their EDRC for the price you gave.
Step 5 – Withdraw EDRCoin (EDRC) Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extended time frame. In order to take off your EDRCoin (EDRC), go to the ”Funds” tab and mouse click on “Withdraw”. EDRCoin (EDRC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate EDRCoin (EDRC) by using the given drop-down box. Put into the amount of EDRCoin (EDRC) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.