A Step-by-Step-Guide on how to buy Educoin (EDU)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Educoin (EDU) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (EDU) Educoin Once your deposit has been approved, you'll now have access to your funds and you can begin purchasing and trading. To buy (EDU) Educoin on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot (EDU) Educoin, you'll need to insert the shortname of the coin (EDU) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “EDU/BTC” to go on.
Step 4 – Buy (EDU) Educoin After you have discovered (EDU) Educoin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate (EDU) Educoin was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of EDU you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete quantity of EDU. When you're glad, click on “Buy EDU”. Your order will be filled when a Seller sells their EDU for the price you submitted.
Step 5 – Withdraw Educoin (EDU) Unless you are trading, best advise is not to keep crypto on an Exchange for an extensive period of time. To withdraw your Educoin (EDU), hover over the ”Funds” tab and mouse click on “Withdraw”. Educoin (EDU) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Educoin (EDU) by using the provided drop-down box. Drop in the quantity of Educoin (EDU) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.