How to Buy EOS (EOS) in Iceland

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

Step 1 – Join Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. EOS (EOS) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate EOS (EOS)

Once your deposit has been verified, you will immediately have access to your finances and you can initiate purchasing and trading. To invest in (EOS) EOS on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to spot EOS (EOS), you will need to insert the short name of the asset (EOS) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “EOS/BTC” to progress.

Step 4 – Acquisition of EOS (EOS)

As soon as you've found (EOS) EOS, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff EOS (EOS) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of EOS you like to buy. The “Total” field is the aggregated price in BTC that you will settle for the whole volumen of EOS.

When you are glad, click on “Buy EOS”. Your order will be filled as soon as a Seller sells their EOS for the price you gave.

Step 5 – Withdraw (EOS) EOS

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an longer time frame. To take off your (EOS) EOS, go to the tab called “Funds” and 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. Enter the quantity of EOS (EOS) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

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

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the EOS (EOS) is safe in your wallet, you are all done.