A Step-by-Step-Guide on how to buy EDRCoin (EDRC)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your first 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. EDRCoin (EDRC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate EDRCoin (EDRC) As soon as your deposit has been confirmed, you will directly have access to your assets and you can initiate buying and trading. To purchase (EDRC) EDRCoin on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot (EDRC) EDRCoin, you will need to insert the cointype (EDRC) into the search box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “EDRC/BTC” to progress.
Step 4 – Acquisition of (EDRC) EDRCoin As soon as you have discovered (EDRC) EDRCoin, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate EDRCoin (EDRC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of EDRC you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of EDRC. When you're happy, click on “Buy EDRC”. Your plan will be filled as soon as a Vendor sells their EDRC for the price you offered.
Step 5 – Withdraw (EDRC) EDRCoin Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. In order to take off your EDRCoin (EDRC), go to the “Funds” tab and click on “Withdraw”. EDRCoin (EDRC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (EDRC) EDRCoin by using the given drop-down box. Drop in the amount of (EDRC) EDRCoin you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.