A Step-by-Step-Guide on how to buy Educoin (EDU)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your welcome 10$.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Educoin (EDU) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Educoin (EDU) Once your deposit has been affirmed, you will directly have access to your assets and you can launch purchasing and trading. To buy Educoin (EDU) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find Educoin (EDU), you will need to insert the cointype (EDU) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we have marked this also. Click on “EDU/BTC” to advance.
Step 4 – Buying (EDU) Educoin After you've discovered (EDU) Educoin, 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're going to make our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate (EDU) Educoin was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of EDU you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of EDU. If you're satisfied, click on “Buy EDU”. Your order will be filled when a Vendor sells their EDU for the price you introduced.
Step 5 – Withdraw Educoin (EDU) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time frame. In order to take off your Educoin (EDU), hover over the ”Funds” tab and click on “Withdraw”. Educoin (EDU) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Educoin (EDU) by using the provided drop-down box. Put into the quantity of Educoin (EDU) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.