A Beginners Guide to EtherDelta

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Published on August 2, 2017
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For this example I’ll be using my wallet on Metamask to connect with Etherdelta, but please know that you can also import a wallet that you’ve generated via myetherwallet.com, the only difference is that you won’t get the secondary notifications to submit the transaction that metamask provides.

So to begin I will log into my metamask wallet and select the account that I want to use to purchase some tokens on ether delta.
From here I will copy the PUBLIC address and then go on Etherdelta and select Import Account.
Here I will paste my public address to connect the wallet to Etherdelta.
You can always double check that the account you connected is the account you wanted to use to purchase the tokens. Once it’s connected, take a look at the options you have for trading different tokens, today I want to purchase some EOS using my Ether. So I’ll select this combination.

Next, take a look at the Balance section here, notice you have options like deposit, withdraw and transfer.
I want to deposit Ether from my metamask wallet onto Etherdelta so that I can then trade it for some EOS.
To do this I will select deposit and in the “ETH” row I will fill out how much I’d like to take out of my metamask wallet and put onto Etherdelta, then hit deposit. Metamask will then give you a form basically giving you the chance to look over what you’re sending and how much the fee will be, once you select submit the transaction will begin.
You’ll see a pop up box that gives you the chance to view the transaction on etherscan, so you’ll know right away when it gets confirmations or if there was a problem.
It’ll take a few moments, when it goes through you’ll see your balance move from the wallet column into the Etherdelta column.
Now we can get to trading. So I’ve selected the pair of coins/tokens that I want to trade and I go check out the orders book.
Here there are red orders and green orders, since I am purchasing EOS I’ll be using the red section.
You can also check out the Trades section to see the prices of recent trades so you can know what to expect to pay.
I like to check out a few orders before I select one so I know I’m getting a good price, this one looks pretty good to me, so I’ll select it, fill in how much ether I’d like to pay, click on the “Amount to Buy” box and it will automatically calculate how much EOS I’ll receive for that amount of ether.
I’ll select Buy and again I’ll be prompted by metamask to submit the transaction, and I’ll also be given a link to view the transaction on ether delta.

If you’ve been waiting for a long time for the trade to go through, check out the transaction on etherscan, if you see a sentence in red color right here, then you’ll know that there was a problem with the trade and it didn’t approve, so you’ll need to try again.

Now that the trade has gone through I want to get these tokens off of the ether delta exchange and onto my metamask wallet.
Much like how i had to deposit the ether at the beginning of this video, now I will withdraw EOS from ether delta.

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  1. This actually saved my ass back in the day, so thank you =)

  2. If a platform like EtherDelta is not user friendly then it's not easy. I've watched half a dozen vids already on how to trade on EtherDelta and you, like the others, make the common mistake of speeding through the process. I appreciate your expertise in the Geekdom Universe. I only ask that you think about the non-geeks who, contrary to popular belief, live in the same universe. I've searched long and hard for my inner geek to deal in cryptos, but he is either hiding in a cave or simply doesn't exist. The real way to do it, by the way, that is to teach something that requires precision, is to secure a mentor. YouTube vids don't even come close to the real thing.

  3. Is metamask a requirement for using ether delta?

  4. Is it just me or has EtherDelta been down for days?

  5. hi thanks very much for this vid so helpful skip to 2;00 gets straight into it, shes a hottie so eye candy if wanna look at that but 2;00 dives straight in

  6. helpful video and so so pleasant to look at. love the combo. xoxo

  7. Just what I was looking for. Thumbs up and subbed!

  8. I don't get how there is 2 account types, the little green symbol changes from like a solid dark green in one type of account to an dark green square with a bright green line along the top of it. 2 different account numbers as well. Also, heard about the hacking at ED, would sending coins to MetaMask stop the coins from being stolen?

  9. On the withdraw part wouldn't you withdraw it back to your metamask account? I'm not clear how "my etherwallet" come into play. "Myetherwallet" is essentially another wallet right? Can you do a video where you sell your EOS and put the money you'd sold back to Metamask? Thanks Crypto Tips!

  10. Are you at a club? It's weird and hard to get past at first! Just saying…

  11. Thank you… I never thought I would get the hang of EtherDelta… Thank you for making it much simpler for simple folk like me 🙂 Cheers!

  12. This video was amazing and just what I needed. Thank You.

  13. Alessa

    Thanks for the video! I'm just confused about one thing… what is the correlation between MEW and Metamask? Do I have to use both to trade on ED or can I just use Metamask?

  14. I WANNA SMASH ETHERDELTA WITH A GODAMN HAMMER!!!!! BUT IT'S DIGITAL SO FUCK.

  15. I HATE METAMASK! I KEEP GETTING REJECTIONS

  16. Btw make sure not to transfer entire eth from wallet as gas price will be deducting from that, keeping gas above 30 will help transaction faster.

  17. Etherdelta is disgusting. Binance is pretty damn nice. Why the hell are you doing this video in a club with nightvision turned on? No September 11 jokes either. Yuck.

  18. @cyrpto tips how do i transfer coins or tokens that i have already bought on etherdelta and want to transfer out to my metamask wallet? Everytime I try and do this it pops up a window

  19. gas price too low at 4…must increase to 50 for the transaction to go through

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