How to Buy EOS (EOS) in Canada

A Step-by-Step-Guide on how to buy EOS (EOS) in Canada

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. EOS (EOS) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (EOS) EOS

As soon as your deposit has been verified, you will immediately have access to your finances and you can start invest and trading. To invest in EOS (EOS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To find EOS (EOS), you will need to put the shortname of the coin (EOS) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “EOS/BTC” to go ahead.

Step 4 – Buy (EOS) EOS

After you've located (EOS) EOS, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price EOS (EOS) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of EOS you want to buy. The “Total” field is the aggregated price in BTC that you'll pay for the complete amount of EOS.

If you are satisfied, make a mouse click on “Buy EOS”. Your order will be filled as soon as a Seller sells their EOS for the price you introduced.

Step 5 – Withdraw EOS (EOS)

Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. In order to take off your EOS (EOS), go to the tab called “Funds” and click on “Withdraw”. (EOS) EOS can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate EOS (EOS) by using the given drop-down box. Drop in the amount of (EOS) EOS you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “Submit”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and safed (EOS) EOS in Canada.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the EOS (EOS) is safe within your wallet, you are all done.