A Step-by-Step-Guide on how to buy Electroneum (ETN) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Electroneum (ETN) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Electroneum (ETN) Once your deposit has been affirmed, you will instantly have access to your funds and you can commence buying and trading. To buy Electroneum (ETN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Electroneum (ETN), you'll need to insert the shortname of the coin (ETN) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “ETN/BTC” to advance.
Step 4 – Buying Electroneum (ETN) As soon as you've found Electroneum (ETN), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation Electroneum (ETN) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of ETN you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of ETN. When you are glad, click on “Buy ETN”. Your order will be filled when a Vender trades their ETN for the price you offered.
Step 5 – Withdraw Electroneum (ETN) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your Electroneum (ETN), go to the ”Funds” tab and click on “Withdraw”. Electroneum (ETN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Electroneum (ETN) by using the given drop-down box. Enter the amount of Electroneum (ETN) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.
Congrats! You have successfully bought and stored Electroneum (ETN) in Anguilla.That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Electroneum (ETN) is safe in your wallet, you are finished.
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