A Step-by-Step-Guide on how to buy Eroscoin (ERO)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your first 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Eroscoin (ERO) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Eroscoin (ERO) As soon as your deposit has been confirmed, you'll now have access to your assets and you can launch purchasing and trading. To purchase Eroscoin (ERO) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (ERO) Eroscoin, you'll need to insert the cointype (ERO) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have marked this also. Click on “ERO/BTC” to advance.
Step 4 – Acquisition of Eroscoin (ERO) As soon as you have found Eroscoin (ERO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent rate (ERO) Eroscoin was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of ERO you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of ERO. When you're happy, make a mouse click on “Buy ERO”. Your order will be filled when a Vendor sells their ERO for the price you submitted.
Step 5 – Withdraw Eroscoin (ERO) Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. To take off your (ERO) Eroscoin, hover over the “Funds” tab and mouse click on “Withdraw”. (ERO) Eroscoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ERO) Eroscoin by using the provided drop-down box. Put into the amount of Eroscoin (ERO) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.