A Step-by-Step-Guide on how to buy Edgeless (EDG)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Edgeless (EDG) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Edgeless (EDG) Once your deposit has been verified, you'll immediately have access to your funds and you can start purchasing and trading. To invest in (EDG) Edgeless on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover (EDG) Edgeless, you'll need to insert the cointype (EDG) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've highlighted this also. Click on “EDG/BTC” to advance.
Step 4 – Acquisition of Edgeless (EDG) As soon as you have discovered (EDG) Edgeless, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff (EDG) Edgeless was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of EDG you want to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of EDG. When you're satisfied, click on “Buy EDG”. Your plan will be filled when a Seller trades their EDG for the price you introduced.
Step 5 – Withdraw Edgeless (EDG) Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your (EDG) Edgeless, hover over the “Funds” tab and click on “Withdraw”. Edgeless (EDG) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Edgeless (EDG) by using the provided drop-down box. Put into the quantity of Edgeless (EDG) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.