A Step-by-Step-Guide on how to buy Effect.AI (EFX)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive your first $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Effect.AI (EFX) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Effect.AI (EFX) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can launch invest and trading. To buy Effect.AI (EFX) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Effect.AI (EFX), you will need to put the cointype (EFX) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “EFX/BTC” to go ahead.
Step 4 – Buy Effect.AI (EFX) As soon as you've located Effect.AI (EFX), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Effect.AI (EFX) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of EFX you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of EFX. When you are satisfied, click on “Buy EFX”. Your plan will be filled when a Vendor trades their EFX for the price you offered.
Step 5 – Withdraw Effect.AI (EFX) Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to take off your Effect.AI (EFX), go to the tab called “Funds” and click on “Withdraw”. Effect.AI (EFX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Effect.AI (EFX) by using the given drop-down box. Put into the volumen of Effect.AI (EFX) you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You could be requested for email/phone verification ahead of a take off.