How to Buy EOS (EOS) in Dominica

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. EOS (EOS) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate EOS (EOS)

As soon as your deposit has been verified, you'll now have access to your assets and you can initiate invest and trading. To buy EOS (EOS) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

In order to find (EOS) EOS, you'll need to insert the short name of the asset (EOS) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have marked this too. Click on “EOS/BTC” to progress.

Step 4 – Purchase (EOS) EOS

Once you've discovered (EOS) EOS, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our Limit Order.

The “Price” field will be filled with the most recent valuation EOS (EOS) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of EOS you like to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete volumen of EOS.

When you are happy, click on “Buy EOS”. Your order will be filled when a Vendor sells their EOS for the price you introduced.

Step 5 – Withdraw EOS (EOS)

Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extended time period. In order to withdraw your EOS (EOS), go to the tab called “Funds” and mouse click on “Withdraw”. (EOS) EOS can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (EOS) EOS by using the given drop-down box. Put into the quantity of EOS (EOS) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully bought and stored EOS (EOS) in Dominica.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (EOS) EOS is stored in your wallet, you're finished.