ETHERDELTA 4 STEPS!! Create Etherscan Address (Wallet), Buy, Sell, and WithdrawsteemCreated with Sketch.

in #bitcoin7 years ago (edited)

image

What is Etherdelta?


Don't miss out on these opportunities!! Today I would like to introduce those of you who don't know to the amazing digital currency/asset trading platform Etherdelta. It does not only allow you to trade digital currencies, it also allows you to create smart contracts and buy tokens. I heard someone on a YouTube video say that it's essentially a premarket. Many of the Tokens and Coins created on the Ethereum block chain are added to this exchange first. Populous is an Invoice selling platform that was so heavily sought after that it sold out of its initial token sale, skipping the ICO. This coin has already been listed on Etherdelta for buy orders only.

Getting Started

1.) The Website
https://etherdelta.github.io - In the upper right corner you should see an option to select an account. Choose this option and create new account.
image

image


**2.) Your Wallet** Save private key somewhere safe so you can use your account on a different computer or IP address. If you lose your private key you could potentially lose access to your wallet. Be careful.

image
I deleted this account. Just made it for teaching purposes


3.) Funding You Wallet And Depositing ETH into Etherdelta
* After creating your account you will need to deposit ETH into your wallet.
* In the same section you created your address, click on your wallet. This page will appear.
image
* Click on the QR code box to reveal your wallet address.

     * Use this address to to fund ETH from any wallet you're currently holding.

Gas For Transactions

I'm not too familiar with rates invloving gas for transactions. For the first time yesterday I only had .20 cents in my Etherscan address and I was not able to do any transactions because there was not enough ETH for the gas to make the transaction. (Runon). 🤣 I would advise keeping a few bucks in your wallet.

  • Deposit into Etherdelta
    Select the amount of ETH that you want to put into the exchange. Select deposit.
    image
    After depositing you will see the money leave your Etherscan Address and appear into the exchange.
    Now you can buy!!

  • Order Book

    • To place an order, select an order from the red in the order book. To sell, do the opposite. (this is the fastest I've been able to have my orders processed through this platform)

    • Another option to buy and sell is buy creating a new order. You can create the exact price you want to buy or sell for.


**4.) Withdrawing funds back into your Etherscan Address**
  • After making your "Savage Cash", as @suppoman would say, you're going to want to withdraw your funds from the exchange. Then you will want to with draw the funds from your Etherscan Address as well. I'll show you.

  • After you sell whichever coin/token you decide, you will have to withdraw the amount you want to take back out of etherdelta through the tab next to deposit.

image

  • Once you have your ETH in your Wallet (the middle tab) you can now trade it out of the platform if you wish.

  • In the Transfer section you have the option to place your receive address for the wallet you wish to send funds to. It's fairly simple.

image


** Synopsis**

These are somewhat in depth steps to begin trading on etherdelta. There is a lot of opportunity to make money on this platform. Many coins and tokens get listed to this platform before they hit exchanges because smart contract developers use ETH to power their projects. I hope that I have covered the necessary steps needed to understand and begin trading on this platform.

This is not financial advise. This is a guide to understanding one of the many trading platforms that are available to us in the crypto universe. I hope that I can be of help to someone.


Thank you
David

Source
https://etherdelta.github.io

Shout out!!
@suppoman
@trvonjb
@jerrybanfield

Sort:  

Thank you for your post. I'll try it.

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.035
BTC 91312.67
ETH 3187.07
USDT 1.00
SBD 2.80