How to Buy EOS (EOS) in Guernsey

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. EOS (EOS) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate EOS (EOS)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can commence buying and trading. To purchase EOS (EOS) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To find (EOS) EOS, you'll need to insert the shortname of the coin (EOS) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “EOS/BTC” to go ahead.

Step 4 – Purchase (EOS) EOS

After you have spotted EOS (EOS), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order.

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

When you're happy, click on “Buy EOS”. Your plan will be filled when a Seller sells their EOS for the price you submitted.

Step 5 – Withdraw (EOS) EOS

Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. To withdraw 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)

Locate (EOS) EOS by using the provided drop-down box. Put into the amount of EOS (EOS) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you are happy, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and safed (EOS) EOS in Guernsey.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the EOS (EOS) is stored inside your wallet, you're all done.