Eidoo (EDO) Logo
(Last Updated On: January 24, 2018)

 

Where To Buy Eidoo Tokens?

We would recommend using an established exchange platform such as Binance or HitBTC. You can either choose to store them on the platform or withdraw them and keep them in a personal wallet. If you are looking to hold for Eidoo tokens long-term, then move them off the Binance platform. If you are new to Binance, carry on reading this article for a step-by-step guide on how to use this trading platform.

Where To Store Eidoo Tokens?

Within this guide, we will be making use of the easiest and most handy wallet for storing your Eidoo Coins. MyEtherWallet (which can store any coin ERC20 Tokens, including Eidoo. For added security, we would strongly suggest using a hardware wallet such as the Trezor or the Nano s Ledger. Eidoo also has it’s very own multicurrency wallet that you use to store EDO and other popular ALTCOIN. In fact, this is the main purpose of the project. So, if you are interesting in investing in this token, it might me worth tesing out the Eidoo Wallet first.

myetherwallet

Sign-Up To Binance To Get Eidoo

Enter your email and a strong password (that you won’t forget!) and then Click ‘Register’. You will be sent an email to confirm your email address. Click the link in the email. If you can’t see it, then check your spam folder.

You will be taken back to Binance as your email is confirmed. Press ‘Login’. On the login form, enter the email and password you just used to sign up, then press ‘Login’.

binace confirmed email

A pop-up will advise you to set up 2FA (two-factor authentication) on your account. We strongly recommend you set up 2-factor authorization (2FA) on your account.this second level of security makes it very unlikely they will be able to get into your Binance account.

Add Funds To Binance

Hover your mouse over ‘FUNDS’ on the top menu and click on ‘Deposits Withdrawals’. This screen displays any coins which you have stored on Binance – you will need to deposit some. I would suggest using Ethereum due to the lower sending fees. However, you can deposit other coins.

binance add funds

Type ‘Ethereum’ in the search box. This will narrow the wallets displayed to just a few- in those, find Ethereum. Press ‘Deposit’ You will be given an Ethereum (ETH) deposit address. Make sure you have the correct address. If you send a currency to the wrong address, it will be lost forever. (The image below show LTC – this is for example purposes only).

binance add funds part 2

 

Using The Exchange To Buy Eidoo Coin)

The exchange page on Binance might appear too much to handle to start with, but don’t worry, you only need to use a small part of it.

There are 2 methods for buying coins on Binance:

  1. A ‘Limit’ order, which enables you to manually set the price you want to buy Eidoo Coin at.
  2. A ‘Market’ buy, which fills your order automatically at the best price available. The price may have spiked at that time, so be careful not to overpay. If you like the price then go ahead and use this method. Above the Buy Eidoo’ button, click the ‘Market’ option.

In the input box marked ‘Amount’ you now need to fill out what number of Eidoo you want to buy. It could be simpler to use the percentage buttons below the input box – for example, press 50% if you’d like to exchange 50% of your Ethereum for Eidoo.

Once you’re satisfied with the quantity, press the buy button. Your order will be filled immediately.

Withdrawing Your Eidoo Tokens

If you’re happy with it, you can just leave your coins on Binance and they would in all probability be safe. On the other hand, exchanges have been compromised in the past, and users have lost coins, therefore we do suggest you keep them in a personal wallet. (The image below shows LINK coin – this is for example purposes only). Ensure you have selected Eidoo.

  1. Press ‘Funds’ along the top menu, then ‘Deposits Withdrawals’. In the search box, type Eidoo. You will now see your new Eidoo in your Eidoo wallet.
  2. Click the ‘Withdrawal’ button.
  3. In the boxes that appear, complete the information:
  4. Label: Write ‘My wallet’
  5. Address: Put the wallet address that you copied from MyEtherWallet or any other ERC20 wallet that supports Eidoo.
  6. Amount: Press the ‘Max’ button to send all your Eidoo.

withdraw from binace

When you’re positive all information is accurate (check you’ve inputted the correct wallet address!), press ‘Submit’. If you’ve set up two-factor authentication, you will be asked for a code from your phone. Enter it and press ‘Submit’. You will be sent an email to confirm the withdrawal. Go to your email and click the link that’s been sent to you.

Sign-Up To HitBTC To Get Eidoo

{In order to create|To create} a new account, {visit the|go to the|navigate to the} {main|home} page of the site here. Then click the ‘Register’ button in the upper right corner. By clicking this link, {you will be|you’ll be} taken to the registration page, where you {will need to|should|must} {fill in|complete|fill out} the required fields.

HitBTC Sign Up Part 2

{Please|Make sure you} enter your valid {email address|current email address} in the ‘Email’ field. Your email is your unique identifier on. {Once|The moment} you used to create an account, it is not possible to change it.

{Set up a|Create a} password {in the|inside the} ‘Password’ field. {Please note that|Please be aware that} {your password|passwords} {must be|should be|needs to be|will have to be} {strong|robust}, {consisting of|composed of|made up of} {more than|over} 8 characters {with|having} uppercase, lowercase and numeric characters. After filling all fields {hit|click} ‘Register’.

HitBTC Sign Up Part 3

Your new account needs to get activated (this is necessary to confirm that the e-mail address you have provided really belongs to you). Please check your email – there’s the message from us. This message is sent {immediately after|right after} registration, {so if you|if you} do not {receive|get} it within 5 minutes, please check {the|your} {spam|junk mail} folder.

{Inside|Within|In} {this|the} email, {you will find a|you’ll find a|you can find a} link to activate {your account|the account}. Just proceed to it by clicking on the link or copy it to the address bar of your {browser|web browser}.

HitBTC sign up confirmation email

After that, you will be taken to the HitBTC trading terminal. Your account is now active.

How To Secure Your HitBTC Account

Enabling 2-factor authentication is an important basic security feature. To set up 2FA on your here, you will need to open the ‘Settings’ page in the upper right corner of the website and switch to the ‘Security’ tab.

HitBTC enable 2-factor authentication

HitBTC will also offer you other features in security control centre – use them.

  • E-mail notifications about new IP logins: If the account is being logged in from a new IP, an email notification is sent. If you get one, take immediate action.
  • Terminating all your sessions: That is a way to kick potential intruders out from your account. All active sessions, except yours, will be ended. To make it happen, go to the ‘Settings’ page and select the ‘Security’ tab and click on “Terminate all sessions” button.
  • Automatic logout: To enable Automatic log out, go to your ‘Settings’ page. Then select the ‘Security’ tab and click on the drop-down menu pick the time that suits you.
  • Latest activity: HitBTC gives you an opportunity to track all actions made on your behalf. Proceed to ‘Settings’ page, on the ‘Security’ tab. Signing in, changing the password, enabling or disabling 2FA, coin withdrawing and other important events are being logged there – keep an eye on them and take action if you see anything you don’t recognize.

Deposit Funds Into Your HitBTC Account

To begin with, you will need to generate wallet address. In order to do that, please go to your Account page or just click the green “Deposit” button depicted below.

HitBTC deposit funds button

Find the currency you want to deposit and click the fund button. This will generate your wallet address. Take a look at our exchange overview page if you need to buy BitCoin or Ethereum. You don’t have to use crypto if you prefer you can deposit fiat into your account.

HitBTC wallet

 

{You will have to|You’ll have to|You will need to} use this address to {initiate|start} {a|the} transaction {from your|from the} personal wallet or from a coin exchange {website|site}. {Please be aware|Take note|You should be aware|Note} that for each of the coins {in your|within your|in the} account {there’s a|there is a} {separate|distinct} unique address. {If you|In the event you|In case you|If you ever} {accidentally|inadvertently|by accident|by mistake} send say Bitcoin Cash to {your|a} Bitcoin address – {it will be|it is} lost forever.

{As soon as your|When your|Once your} funds reach here, {you will get|you’ll get|you’ll receive} a pending transaction notification at the very bottom the Account page, in the “Latest transactions” section. Your funds should be available shortly. Please be aware that BitCoin transactions will take longer than Ethereum transactions.

How To Trade EDO On HitBTC

To start trading, you would need transfer funds from your “Main account” to your “Trading account”. To do this, click the blue arrow between the accounts. Specify the desired amount and click “Transfer”.

HitBTC Trade

After {your|the} funds have been {transferred to|moved to} the Trading account, go to the trading terminal, {choose the|pick the|select the} trading pair which includes your deposited funds and EDO in the “Instruments” section (i.e. ETH and EDO or BTC and EDO and other variants).

HitBTC place a order

There are 4 types of orders available on HitBTC: market, limit, stop, stop limit. The quickest option is market, which means you are buying EDO at the current market rate. So select market and click”Buy” to perform the trade.

Withdraw indHash From HitBTC

To withdraw your indHash coins, go to the account tab. From here you need to go to the “Withdraw” column. and select EDO.

HitBTC withdrawing coins part 1

Make the amount of indHash you want to withdraw is available in the main account. If it is not, will need to transfer it from the trading account.

Specify the amount of indHash you’d like to withdraw and paste your MyEtherWallet address to the “Address” field. Please {make sure that|ensure that|make certain that} {you’re using|you have} {the correct|the right} address. Please take note that once indHash have been sent, {you can’t|you can not} {reverse|undo} the transaction.

HitBTC withdrawing funds part 2

{After you|Once you|As soon as you} hit the “Withdraw” button and type the authentication code (if 2FA for withdrawals is enabled), the following notification is going to be displayed: “You withdrawal request requires a confirmation by e-mail.” Go to your email inbox and find a new message from HitBTC Support {which will|that will} is titled “Withdraw verification”. That’s it, you indHash trade {has been|is} {completed|concluded}.

HitBTC withdrawal confirmed

About Eidoo

Eidoo is a blockchain-to-human interface which aims to simplify the interaction between the blockchains and its users.

The objective of Eidoo it not just to accomplish things that others do not, but to do this in a completely different way, via a safer and simpler method, maintaining a special focus on the user experience and enabling the complexity of the crypto world to be more easy to understand.

They want to make only one application, incredibly simple to use, and bring the crypto world to the end user; a bridge towards worlds that at this time, as a user experience, are not so close to one another.

The challenge of this project is also to give a common home to technologies whose communities (e.g. Bitcoin and Ethereum) find it difficult cooperating on account of different visions, developing a tool that handles distinct technologies through a completely unique user experience.

Eidoo Wallet

Eidoo is the integrator that brings together technologies and services that today already exist, additional ones only imaginable at this moment, and others that we cannot even conceive. Through a methodological approach, Eidoo will continue to make improvements to equally technology and user experience.

More Information:

Total Coin Supply: 90,708,326
Circulating Supply: 20,986,407
ICO Price: $ 2.58

WhitePaper

Official Website

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