How to Buy EOS (EOS) in Cayman Islands

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

Step 1 – Join Kraken

You will first need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. EOS (EOS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

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

Step 3 – Locate EOS (EOS)

As soon as your deposit has been approved, you will instantly have access to your assets and you can start purchasing and trading. To buy EOS (EOS) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To discover EOS (EOS), you'll need to put the short name of the asset (EOS) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “EOS/BTC” to advance.

Step 4 – Buy EOS (EOS)

As soon as you've spotted EOS (EOS), 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). And now we're creating our Limit Order.

The “Price” field will be automatically filled with the most up-to-date tariff EOS (EOS) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of EOS you like to purchase. The “Total” field is the total price in BTC that you'll settle for the whole quantity of EOS.

When you're glad, click on “Buy EOS”. Your plan will be filled as soon as a Vendor sells their EOS for the price you submitted.

Step 5 – Withdraw EOS (EOS)

Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (EOS) EOS, hover over the tab called “Funds” and click on “Withdraw”. EOS (EOS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find EOS (EOS) by using the given drop-down box. Drop in the volumen of EOS (EOS) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully purchased and stored (EOS) EOS in Cayman Islands.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the EOS (EOS) is stored in your wallet, you are done.