How to Buy Eidoo (EDO)

A Step-by-Step-Guide on how to buy Eidoo (EDO)

Step 1 – Signup to eToro

In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting yBitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Eidoo (EDO) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Eidoo (EDO)

As soon as your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To buy (EDO) Eidoo on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to locate Eidoo (EDO), you'll need to put the shortname of the coin (EDO) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “EDO/BTC” to progress.

How to buy Coin on Binance 1 Eidoo (EDO)
Step 4 – Buying (EDO) Eidoo

After you've located (EDO) Eidoo, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price Eidoo (EDO) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of EDO you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of EDO.

When you are glad, click on “Buy EDO”. Your order will be filled when a Vendor sells their EDO for the price you submitted.

Step 5 – Withdraw (EDO) Eidoo

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To take off your Eidoo (EDO), hover over the tab called “Funds” and click on “Withdraw”. Eidoo (EDO) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Eidoo (EDO) by using the provided drop-down box. Put into the quantity of Eidoo (EDO) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Congratulations! You have successfully bought and stored Eidoo (EDO).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the (EDO) Eidoo is safe in your wallet, you are finished.