A Step-by-Step-Guide on how to buy Cobinhood (COB)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Cobinhood (COB) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (COB) Cobinhood As soon as your deposit has been confirmed, you'll now have access to your finances and you can start buying and trading. To buy (COB) Cobinhood on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To locate (COB) Cobinhood, you'll need to insert the short name of the asset (COB) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we've marked this too. Click on “COB/BTC” to proceed.
Step 4 – Buying Cobinhood (COB) As soon as you've found Cobinhood (COB), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the most latest rate Cobinhood (COB) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of COB you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of COB. If you're glad, click on “Buy COB”. Your plan will be filled when a Vendor trades their COB for the price you gave.
Step 5 – Withdraw (COB) Cobinhood Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. In order to withdraw your (COB) Cobinhood, go to the ”Funds” tab and mouse click on “Withdraw”. (COB) Cobinhood can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (COB) Cobinhood by using the provided drop-down box. Put into the quantity of (COB) Cobinhood you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.