A Step-by-Step-Guide on how to buy EchoLink (EKO)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. EchoLink (EKO) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (EKO) EchoLink As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To invest in EchoLink (EKO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate (EKO) EchoLink, you'll need to put the shortname of the coin (EKO) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “EKO/BTC” to proceed.
Step 4 – Purchase (EKO) EchoLink Once you've located EchoLink (EKO), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our Limit Order. The “Price” field will be automatically filled with the up-to-date price (EKO) EchoLink was sold for. You can change this to your desired price. The “Amount” field is the quantity of EKO you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of EKO. When you are happy, click on “Buy EKO”. Your order will be filled as soon as a Seller sells their EKO for the price you introduced.
Step 5 – Withdraw EchoLink (EKO) Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To take off your (EKO) EchoLink, hover over the “Funds” tab and mouse click on “Withdraw”. EchoLink (EKO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate EchoLink (EKO) by using the given drop-down box. Put into the quantity of EchoLink (EKO) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.