A Step-by-Step-Guide on where to buy Eidoo (EDO)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Eidoo (EDO) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Eidoo (EDO) Once your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To buy Eidoo (EDO) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find Eidoo (EDO), you will need to insert the short name of the asset (EDO) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “EDO/BTC” to advance.
Step 4 – Buy Eidoo (EDO) Once you have found Eidoo (EDO), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff Eidoo (EDO) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of EDO you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of EDO. If you are satisfied, click on “Buy EDO”. Your plan will be filled as soon as a Seller sells their EDO for the price you submitted.
Step 5 – Withdraw Eidoo (EDO) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Eidoo (EDO), hover over the ”Funds” tab and click on “Withdraw”. Eidoo (EDO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Eidoo (EDO) by using the provided drop-down box. Enter the amount of Eidoo (EDO) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.