Embercoin Part 1: How To Install, Configure Nodes, Synchronize & Set Up Wallet
Copy and Paste the following text into a file named ember.conf as I described in the above video
Embercoin Part 2- How To Buy Embercoin on CoinExchange.io and Transfer to Embercoin Wallet
So, you’ve decided to join the hottest cryptocurrency! Welcome aboard. Here we go over how to purchase Ember Coin EMB on one of the best exchanges on the planet, Cryptopia. So, Fire up your favorite browser, and head on over to CryptopiaFrom there, you will register an account. Don’t worry, it’s quick and easy. Log in if you already have an account there.
You will want to now deposit some Bitcoin BTC into your account so you can buy Embercoins!
Place your cursor over the Bitcoin “B” symbol in the upper right hand corner, and select the “Wallets” drop down menu.
There you can search for your Bitcoin wallet, by typing in “BTC” in the search box, and then finding the Bitcoin(BTC) listing, and clicking on “Deposit BTC”
From there, you will be taken to a page that displays your BTC Wallet address and BTC Wallet QR code. Go ahead and scan or copy the address.
Now you will have to go to where you already have bitcoins stored. This could be a BTC wallet on another exchange, such as Coinbase, Bittrex, Poloniex or a BTC wallet like Exodus, Coinomi, Mycelium, JAXX, etc.
Go to that wallet, and select the appropriate “Deposit” or “Send” option. Paste/scan in your Cryptopia BTC address.
It’s always a good idea to do a test run with a small amount of BTC first just in case you do this incorrectly.
Send/Transfer your BTCs over to your Cryptopia BTC wallet. Give it some time. Don’t be so impatient.
Now, we’re ready to BUY Ember Coins!
Buying Some EMB
First make sure you are logged in to Cryptopia.
Head over to the “Exchange” icon on the upper left side, and click on the “Markets” drop down menu.
There you will taken to the main trading floor. We want to buy some EMB, so we’ll type that into the search box.
Select the EMB / BTC pair from the results on the left.
Alright, now we can trade our BTC for some EMB. The fastest way to do this is – go over to the ‘Buy EMB” box. It will have your balance right below it. Click on the amount, which will pre-fill the total amount in the BTC column.
From there select the lowest sell order, which will pre-fill in the lowest price someone is ready to sell you EMB. It will automatically calculate the largest amount you can buy, based on the price, and amount of BTC you have.
Click “Buy EMB”, and you should be all set!
There are, of course, other options and strategies for you on the EMB market floor. Buy orders, LTC or DOGE markets, and so on. This tutorial is simply to get you the lowest price in the fastest amount of time.
Now you are a proud owner of EMBERCOIN (EMB)!
In this next video, I walk you through setting up your EMB Wallet and moving your Ember Coins over to it.
Embercoin Part 3 – How To Stake Embercoins After Buying Embercoins and Synchronizing Your EMB Wallet
Embercoin Part 4 – My First Embercoin Stake and What It Means
We are staking at an astronomical high inflationary rate – 7200% per year (approx 20% a day).
Don’t faint. This high staking reward goes away on November 01, 2017.
1. New Wallet Launch – COMPLETED 14September2017
2. After 30October2017 All EMBs still sitting in old wallets will BE BURNED. YES! They go bye bye! You lose them! I believe this will be a coin swap.
3. New Staking reward of 720%. So instead of approx 20% a day as staking reward, it will be 2% a day. I hope it goes even lower to curb the inflation which potentially devalues the coin.
4. MasterNodes – I don’t have all of the specifics on the number of coins you would have to have to be eligible. Stay tuned.
PAY ATTENTION: YOU MUST DOWNLOAD THE NEW EMBERCOIN WALLET FROM HTTP://EMBERCOIN.IO BEFORE NOVEMBER 01, 2017. DO NOT PROCRASTINATE. DO IT NOW OR LOSE ALL OF YOUR COINS!
*** 07october2017 UPDATE: REMEMBER THAT PESKY Embercoin 38Million Staking Bug? ***
Good NEWS: The BUG has been SQUASHED! So Again, we have to upgrade our wallets to V1.1.4 BEFORE 01November2017. They also did a SOFT FORK so you MUST UPGRADE YOUR WALLET OR YOU WILL LOSE YOUR EMBERS!
Go to the Popular Embercoin Discord channel at https://discord.gg/hn47rZ Loads of people there who can help you. ALSO if you don’t UPGRADE to 1.1.4 BEFORE 01November , YOU WILL lose your Embers. Go to the Discord group!
Embercoin Part 5: 40 MILLION FREE Ember Coins Staking 3 Weeks and the Wallet 38 Million Bug!
Finally, I want you to celebrate with me, the 40million EMBs I staked and to provide you a solution to the 38Million EMB Wallet Bug. Don’t be alarmed. Watch the video for how to bypass this bug and rest assure that the developers are working on this right now.
Faith Sloan, CryptoQueenWiki, Cryptocurrency Evangelist, Advocate, and Educator