A Step-by-Step-Guide on how to buy Edenchain (EDN)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Edenchain (EDN) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (EDN) Edenchain Once your deposit has been affirmed, you'll directly have access to your assets and you can launch purchasing and trading. To invest in (EDN) Edenchain on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (EDN) Edenchain, you will need to put the shortname of the coin (EDN) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “EDN/BTC” to proceed.
Step 4 – Buy Edenchain (EDN) After you've discovered (EDN) Edenchain, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff (EDN) Edenchain was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of EDN you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole volumen of EDN. If you are happy, click on “Buy EDN”. Your plan will be filled as soon as a Seller sells their EDN for the price you offered.
Step 5 – Withdraw Edenchain (EDN) Unless you are trading, never keep your coins on an Exchange for an longer time period. In order to take off your Edenchain (EDN), go to the “Funds” tab and click on “Withdraw”. Edenchain (EDN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Edenchain (EDN) by using the given drop-down box. Enter the amount of Edenchain (EDN) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.