A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Electra (ECA) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Electra (ECA) As soon as your deposit has been verified, you will instantly have access to your assets and you can initiate invest and trading. To buy Electra (ECA) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to locate Electra (ECA), you will need to insert the short name of the asset (ECA) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “ECA/BTC” to go ahead.
Step 4 – Purchasing Electra (ECA) Once you've found Electra (ECA), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Electra (ECA) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of ECA you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of ECA. When you are satisfied, click on “Buy ECA”. Your plan will be filled when a Seller sells their ECA for the price you offered.
Step 5 – Withdraw Electra (ECA) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to take off your Electra (ECA), hover over the tab called “Funds” and mouse click on “Withdraw”. Electra (ECA) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Electra (ECA) by using the given drop-down box. Put into the amount of Electra (ECA) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.