A Step-by-Step-Guide on how to buy Ethereum Classic (ETC)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and getting your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ethereum Classic (ETC) 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 correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Ethereum Classic (ETC) As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can commence purchasing and trading. To invest in (ETC) Ethereum Classic on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to find Ethereum Classic (ETC), you will need to insert the shortname of the coin (ETC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have highlighted this too. Click on “ETC/BTC” to advance.
Step 4 – Buy Ethereum Classic (ETC) Once you've spotted (ETC) Ethereum Classic, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled with the recent rate Ethereum Classic (ETC) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ETC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of ETC. When you're satisfied, make a mouse click on “Buy ETC”. Your order will be filled when a Vender trades their ETC for the price you introduced.
Step 5 – Withdraw Ethereum Classic (ETC) Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an extended time frame. In order to withdraw your (ETC) Ethereum Classic, go to the tab called “Funds” and mouse click on “Withdraw”. Ethereum Classic (ETC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ETC) Ethereum Classic by using the given drop-down box. Put into the volumen of Ethereum Classic (ETC) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.