A Step-by-Step-Guide on how to buy Eidoo (EDO)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10 Dollar.
Step 2 – Transmit Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Eidoo (EDO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Eidoo (EDO) As soon as your deposit has been confirmed, you will now have access to your assets and you can commence buying and trading. To purchase Eidoo (EDO) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To locate (EDO) Eidoo, you'll need to insert the cointype (EDO) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this also. Click on “EDO/BTC” to continue.
Step 4 – Buying (EDO) Eidoo As soon as you've discovered (EDO) Eidoo, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The “Price” field will be automatically filled with the most recent price Eidoo (EDO) was traded for. You can change this to your desired rate. The “Amount” field is the volumen of EDO you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of EDO. If you are glad, make a mouse click on “Buy EDO”. Your order will be filled when a Seller sells their EDO for the price you offered.
Step 5 – Withdraw Eidoo (EDO) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your Eidoo (EDO), go to the tab called “Funds” and mouse click on “Withdraw”. Eidoo (EDO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Eidoo (EDO) by using the given drop-down box. Put into the amount of (EDO) Eidoo you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.