A Step-by-Step-Guide on how to buy CoffeeCoin (COF)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. CoffeeCoin (COF) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate CoffeeCoin (COF) As soon as your deposit has been affirmed, you will now have access to your assets and you can launch buying and trading. To invest in CoffeeCoin (COF) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to locate CoffeeCoin (COF), you will need to put the short name of the asset (COF) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've highlighted this too. Click on “COF/BTC” to progress.
Step 4 – Buy (COF) CoffeeCoin As soon as you've found (COF) CoffeeCoin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order. The ”Price” field will be filled automatically with the most latest valuation (COF) CoffeeCoin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of COF you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of COF. If you're satisfied, make a mouse click on “Buy COF”. Your plan will be filled as soon as a Vender sells their COF for the price you offered.
Step 5 – Withdraw (COF) CoffeeCoin Unless you are trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. To take off your (COF) CoffeeCoin, go to the ”Funds” tab and mouse click on “Withdraw”. (COF) CoffeeCoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (COF) CoffeeCoin by using the provided drop-down box. Drop in the amount of (COF) CoffeeCoin you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.