A Step-by-Step-Guide on how to buy Ethereum Classic (ETC) in Anguilla
Step 1 – Join Coinmama You'll first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ethereum Classic (ETC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Ethereum Classic (ETC) As soon as your deposit has been verified, you'll directly have access to your assets and you can begin buying and trading. To invest in Ethereum Classic (ETC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot Ethereum Classic (ETC), you'll need to put the cointype (ETC) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “ETC/BTC” to continue.
Step 4 – Purchasing Ethereum Classic (ETC) Once you have located Ethereum Classic (ETC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Ethereum Classic (ETC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of ETC you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole volumen of ETC. If you're satisfied, make a mouse click on “Buy ETC”. Your plan will be filled as soon as a Seller trades their ETC for the price you introduced.
Step 5 – Withdraw Ethereum Classic (ETC) Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your Ethereum Classic (ETC), hover over the tab called “Funds” and mouse click on “Withdraw”. Ethereum Classic (ETC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ethereum Classic (ETC) by using the given drop-down box. Enter the quantity of Ethereum Classic (ETC) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You may be requested for email/phone verification before a withdrawal.
Congratulations! You have successfully purchased and safed Ethereum Classic (ETC) in Anguilla.That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Ethereum Classic (ETC) is safe within your wallet, you're finished.
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