How to Buy EDC Blockchain (EDC) in Australia

A Step-by-Step-Guide on how to buy EDC Blockchain (EDC) in Australia

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. EDC Blockchain (EDC) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have 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 are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {EDC Blockchain (EDC)|(EDC) EDC Blockchain}

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can begin buying and trading. To invest in {EDC Blockchain (EDC)|(EDC) EDC Blockchain} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover {EDC Blockchain (EDC)|(EDC) EDC Blockchain}, you'll need to put the cointype (EDC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this too. Click on “EDC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} EDC Blockchain (EDC)
Step 4 – Acquisition of {EDC Blockchain (EDC)|(EDC) EDC Blockchain}

After you have found {EDC Blockchain (EDC)|(EDC) EDC Blockchain}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent valuation {EDC Blockchain (EDC)|(EDC) EDC Blockchain} was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of EDC you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole volumen of EDC.

If you are satisfied, make a mouse click on “Buy EDC”. Your plan will be filled when a Seller trades their EDC for the price you introduced.

Step 5 – Withdraw {EDC Blockchain (EDC)|(EDC) EDC Blockchain}

Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your {EDC Blockchain (EDC)|(EDC) EDC Blockchain}, go to the ”Funds” tab and mouse click on “Withdraw”. {EDC Blockchain (EDC)|(EDC) EDC Blockchain} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {EDC Blockchain (EDC)|(EDC) EDC Blockchain} by using the provided drop-down box. Enter the volumen of {EDC Blockchain (EDC)|(EDC) EDC Blockchain} you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully purchased and safed EDC Blockchain (EDC) in Australia.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {EDC Blockchain (EDC)|(EDC) EDC Blockchain} is stored within your wallet, you are done.

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