Step by Step guide on how to setup your account on Token.Store and place trades to purchase empowr coins
Here’s a step by step guide on how to setup your account on Token.Store and place trades to purchase empowr coins:
1) To get started, download the Metamask browser extension
(Note: This is optional, but highly recommended as it is the most secure way to do trades on any exchange). Feel free to skip to step 6 below if you already have Metamask installed.
2) Once Metamask is installed, click on the extension at the top right of your browser and agree to terms and conditions
3) Add a password to create your account and then save your secret key words on the next page
4) If you already have an Ethereum wallet, you’ll want to click the circular logo at the top right and choose “Import Account” from the dropdown
5) From there, you’ll need to enter your private key or Keystore file for your account in order to finish adding your wallet into MetaMask
For information on how MetaMask works, you can view this guide here: https://metamask.helpscoutdocs.com/article/19-importing-accounts
Once you’re logged into MetaMask, it’s time to go to the exchange to start trading: https://token.store/trade/0xe7d7b37e72510309db27c460378f957b1b04bd5d
Note: You’ll need to have some Ether in your Ethereum wallet in order to do anything on the exchange, so if you haven’t already done that, be sure to do that first.
When you’re ready to move forward, click on “Go to accounts page” to get started
7) On the “Manage Accounts” page, notice that because you’re logged in with MetaMask, your Ethereum wallet is already connected to the exchange
If you’re not using MetaMask, simply follow the steps to import your wallet to the exchange directly.
8) Once you’ve confirmed your wallet is imported, click the “Token Store” icon to go back to the main trading page, and then click on the ticker symbol directly to the right of the Token Store icon and select “EMPR” to trade the empowr coin
Alternatively, you can also just go directly here to see the empowr coin trading page: https://token.store/trade/0xe7d7b37e72510309db27c460378f957b1b04bd5d
9) Once there, notice that you’ll have your ETH wallet balance shown at the top right and left side of the page
10) To start trading on Token Store, you’ll need to transfer some of your ETH from your personal wallet to your exchange wallet.
To do that, add the amount of ETH you wish to transfer into the “Deposit” portion of the page right under your balance. Then, click “Deposit ETH”
11) You’ll be prompted with an “Are you sure” page with MetaMask that allows you to choose the price of gas for your transaction.
The cost is usually very low and the transactions take less than a minute, so it’s recommended you use their recommended gas amount rather than choose your own
12) Once you approve of the transfer, you’ll notice the transfer will show up as “Pending” in your account activity at the bottom left
13) Once your transactions has been validated on the blockchain, you’ll notice the ETH amount has been moved into your exchange wallet
Now you’re ready to start buying some empowr coins!
To purchase empowr coins, you have 2 options:
a. You can place a limit order (advanced)
i. A limit order is an order to trade a specific amount of coins at a limited price. This means if you set a price to buy EMPR, you will never buy EMPR at a price higher than you have set a limit for. The problem with a limit order is that if the market price is moving fast your orders can be left behind, meaning you could end up paying more after canceling your order and re-submitting it at a new height or lower price.
b. You can place an instant order (easy)
i. A market order is a request for EMPR at any price starting from the cheapest. The order buys everything instantly for any price that other people are selling for. This is the fastest way to buy or sell, especially when the market price is moving quickly.
How to place a limit order:
a) Go to the “Buy/Sell” section and click “Limit Order”
b) Enter in the amount of EMPR coins you wish to purchase
c) Enter in the price you wish to pay for each EMPR coin (Note: The pricing is in ETH. To determine the price in ETH versus your local currency, visit: https://currencio.co/eth/usd/). The total price in ETH will then be populated below based on the amount of coins you wish to purchase
d) For the expiration field, it’s recommended to leave the default, which will cause your order to expire in approximately 5–6 days. You can half it if you want your order to be up for a shorter time or add some zeros for a longer time.
Then, click “Place a buy order” and you’ll notice that the order is now added both to your list of orders, as well as the list of available orders for sellers to accept and sell to.
And that’s it!
No Ethereum will be taken out of your exchange wallet for placing the order since the order has not yet been fulfilled. By leaving a limit order, the bid can be fulfilled at any time as long as it doesn’t expire.
When the bid is filled, you’ll be charged Ethereum for your purchase of EMPR coins.
How to place an instant order:
a) Go to the “Buy/Sell” section and click “Instant Order”
b) Enter in the amount of EMPR coins you wish to purchase (Note: If no EMPR coins are listed for sale, you’ll need to place a limit order instead)
c) The price fields will automatically populate with the lowest price possible for the amount you wish to purchase
d) If you like the price, simply click “Buy EMPR” and congrats you’ve just made a successful purchase!
Once you’ve bought your coins, you can follow the exact same instructions above, but instead of choosing to buy empowr coins, you can choose to sell them.
And that’s it!
I realize there may seem to be a lot of steps involved to buying coins on the exchange, but once you get there, it’s quite easy and should take just a few minutes.
Feel free to get accustomed to the new exchange over the next few days, and even place some limit orders in preparation of Sunday morning! Then, once the airdrop starts, the supply of coins coming to the exchanges should begin increasing dramatically.
If you haven’t already done what you need to do to be prepared for the launch, be sure to review this post.
We look forward to seeing you all on the live stream at 7AM PST (2PM UTC) Sunday, April 15th to kick off the launch of the empowr coin on the exchanges!
For real time updates on everything empowr and coin related, please join our social media channels:
Twitter: https://twitter.com/EmpowrOfficial
Facebook: https://www.facebook.com/empowrofficial/
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Any questions? Feel free to comment below or add them to the Menti for the Sunday live stream.
