A Step-by-Step-Guide on where to buy Edenchain (EDN)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Edenchain (EDN) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Edenchain (EDN) Once your deposit has been verified, you will directly have access to your assets and you can start invest and trading. To invest in Edenchain (EDN) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot Edenchain (EDN), you will need to insert the short name of the asset (EDN) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this too. Click on “EDN/BTC” to go on.
Step 4 – Buy Edenchain (EDN) Once you have spotted Edenchain (EDN), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the up-to-date rate Edenchain (EDN) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of EDN you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of EDN. If you're happy, make a mouse click on “Buy EDN”. Your order will be filled as soon as a Seller trades their EDN for the price you gave.
Step 5 – Withdraw Edenchain (EDN) Unless you are trading, best advise is not to keep your coins on an Exchange for an extended time frame. In order to take off your Edenchain (EDN), go to the ”Funds” tab and mouse click on “Withdraw”. Edenchain (EDN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Edenchain (EDN) by using the provided drop-down box. Enter the quantity of Edenchain (EDN) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.