How to Buy Ethereum Chain Token (ECT) Guide – Binance (2024)

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How to Buy Ethereum Chain Token (ECT) Guide – Binance (1)

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Note: This coin is not listed on Binance for trade and service.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks.

Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform. If you would like to know where to buy Ethereum Chain Token, which is currently not listed on Binance, you can follow the step-by-step guide below.

The most straightforward way is to find a reliable centralized exchange where you can buy Ethereum Chain Token, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on.

Another option to buy the Ethereum Chain Token is through a decentralized exchange (DEX) which supports the blockchain where your Ethereum Chain Token resides. This guide will show you how to buy Ethereum Chain Token by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency.

1

Download a Trust Wallet Wallet

There are several crypto wallets to choose from within the Ethereum network and Trust Wallet appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or the iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting Trust Wallet’s website.

2

Set up your Trust Wallet

Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6.

3

Buy ETH as Your Base Currency

Once your wallet is setup, you can login to your Binance account and proceed to the Binance Crypto webpage to buy the ETH. If you are not an existing user, you can refer to our How to Buy ETH guide on registering and buying your first cryptocurrency on Binance.

4

Send ETH From Binance to Your Crypto Wallet

Once you buy your ETH, go to your Binance wallet section and look for the ETH you purchased. Click on withdraw and fill up the required information. Set the network to Ethereum, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your ETH to appear in your Trust Wallet.

If you are using Binance Website:

If you are using Binance App:

5

Choose a Decentralized Exchange (DEX)

There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use Trust Wallet wallet, you can go to 1inch to make the transaction.

6

Connect Your Wallet

Connect your Trust Wallet wallet to the DEX you want to use by using your wallet address from Step 2.

7

Trade Your ETH With the Coin You Want to Get

Select your ETH as the payment and select the Ethereum Chain Token as the coin you want to acquire.

8

If Ethereum Chain Token Doesn’t Appear, Find its Smart Contract

If the coin you want does not appear on the DEX, you can refer to https://etherscan.io/ and find the smart contract address. You can then copy and paste it into 1inch. Beware of scams and make sure you got the official contract address.

9

Apply the Swap

Once you are done with the previous steps, you can click on the Swap button. From deciding where to buy Ethereum Chain Token to making the purchase, your crypto transaction is now complete!

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsem*nt by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.

Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.

How to Buy Ethereum Chain Token (ECT) Guide – Binance (2024)

FAQs

How to Buy Ethereum Chain Token (ECT) Guide – Binance? ›

You can buy Ethereum on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including ETH. Kraken makes it quick and easy to get started.

How to buy Ethereum chain tokens? ›

You can buy Ethereum on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including ETH. Kraken makes it quick and easy to get started.

What is the easiest way to buy Ethereum? ›

Coinbase is the most trusted place for people and businesses to buy, sell, and manage Ethereum. It's quick and easy.

What is the best exchange to buy Ethereum? ›

Kucoin Review

KuCoin is a top-tier Ethereum exchange known for its wide range of digital assets and user-friendly design. As a centralized platform, KuCoin ensures secure and efficient trading, making it a favorite among both beginners and experienced traders.

Where do you buy ENS tokens? ›

supply of 100,000,000 ENS coins. If you would like to know where to buy Ethereum Name Service at the current rate, the top cryptocurrency exchanges for trading in Ethereum Name Service stock are currently Binance, BlueBit, Bitget, OKX, and LBank. You can find others listed on our crypto exchanges page.

What is the minimum Ethereum I can buy? ›

Most investors deposit funds with a debit card or e-wallet, as payments are processed instantly. Although, you can also transfer funds from your bank account—but this increases the minimum to $500. Once your eToro account has funds, you can then buy Ethereum. The minimum investment is $10 per trade.

Can I buy ETH on Binance with credit card? ›

Navigate to buy Ethereum with USD page on Binance. Select Ethereum and USD from the dropdown menu. Choose "Card" as the payment method, and click "Confirm". "Add New Card" will appear if you have not purchased crypto in Binance using debit or credit card before.

Can I use USDT to buy Ethereum? ›

Convert Tether to Ethereum

1 USDT equals 0.00029 ETH. The current value of 1 Tether is +1.70% against the exchange rate to ETH in the last 24 hours. ​ ​Create a free Kraken account to instantly convert USDT to ETH or trade USDT/ETH markets today.

How much is one ETH in Binance? ›

Currently, the value of 1 ETH is 3,505.75 USD, indicating that purchasing 5 ETH would cost 17,528.74 USD.

What is the easiest app to buy Ethereum? ›

BitPay gives crypto enthusiasts a safe, simple and quick way to buy Ethereum. Buy with no hidden fees at competitive rates. After buying Ethereum, manage your assets with the all-in-one BitPay Wallet app featuring industry-leading security.

Is it worth buying $100 of Ethereum? ›

Is it smart to invest $100 Ethereum? Investing $100 in Ethereum is a small entry point into the Cryptocurrency market. While there's potential for high returns, Ethereum's price is volatile. Researching Ethereum's technology and the broader market is crucial.

How much Ethereum should I buy as a beginner? ›

How much Ethereum should you buy at first if you are a beginner investor? I recommend you buy the amount you're not afraid to lose, but it should also be meaningful so that it boosts your motivation to learn about crypto more. Let's say you have 10k and you want to allocate 1k to crypto.

What time is best to buy ETH? ›

When is the best time to make an ETH transaction? Now, fees might always be in every transaction you make but here's the good news: there's always the best time to carry off your transactions. If you want to save a bit of money from fees, you may want to consider trading between 12 AM and 4 AM (EST).

Where can I buy Ethereum Altcoins? ›

Identify a Platform for Trading

There are a few options when it comes to cryptocurrencies, including some of the top platforms, such as Coinbase, Kraken, Gemini, Binance, Bitfinex, and Bitstamp. (Bitstamp is being acquired by Robinhood, per a June 2024 announcement.) 1 All of these exchanges offer Ethereum.

Where can I buy ERC20 tokens? ›

If you would like to buy ERC20 token, the top exchanges for trading in ERC20 token price pairs are currently PancakeSwap, PancakeSwap (V2) and Mercatox. To keep track of ERC20 token prices live, download the CoinMarketCap mobile app.

What is Ethereum chain token? ›

Ethereum Chain Token is a self-proclaimed fair cryptocurrency that wants to create a system where just being a holder yields rewards.

Where can I buy basechain? ›

You can buy the base currency from a secure centralized exchange such as KuCoin.

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