How to Buy CoffeeCoin (COF)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.

Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. CoffeeCoin (COF) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find CoffeeCoin (COF)

Once your deposit has been approved, you will instantly have access to your funds and you can initiate invest and trading. To buy CoffeeCoin (COF) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To locate CoffeeCoin (COF), you will need to insert the short name of the asset (COF) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “COF/BTC” to go on.

Step 4 – Acquisition of CoffeeCoin (COF)

As soon as you have located CoffeeCoin (COF), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date price CoffeeCoin (COF) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of COF you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of COF.

When you are glad, click on “Buy COF”. Your order will be filled when a Seller trades their COF for the price you gave.

Step 5 – Withdraw CoffeeCoin (COF)

Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your CoffeeCoin (COF), hover over the ”Funds” tab and click on “Withdraw”. CoffeeCoin (COF) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find CoffeeCoin (COF) by using the given drop-down box. Enter the amount of CoffeeCoin (COF) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.