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How to Use the EtherDelta Decentralized Cryptocurrency Exchange to Purchase ERC 20 tokens

1,821 views · Published 14 October 2018 · 22:25 · Indexed 10 November 2026

Channel: The CryptoDad · 2018 · Education

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The CryptoDad demonstrates how to use the EtherDelta decentralized exchange to purchase ERC 20 tokens. I will take you step-by-step from purchasing Ethereum tokens (or ether) on Coinbase to funding your own wallet. I will then show you how to interface with the EtherDelta exchange in order to trade ERC 20 tokens using you ether balance in your own wallet.

The EtherDelta decentralized exchange is a much more secure way to trade tokens than centralized exchanges because the funds never leave your wallet. All of the trades take place peer-to-peer between personal wallets. It is also more private because you do not need to provide personally identifying information (or KYC documents) in order to trade with others. The only thing required is a valid Ethereum wallet address that you control.

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