How to Buy Cofinex (CNX)

A Step-by-Step-Guide on how to buy Cofinex (CNX)

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and to get your welcome 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cofinex (CNX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find (CNX) Cofinex

Once your deposit has been verified, you'll directly have access to your finances and you can initiate buying and trading. To buy (CNX) Cofinex on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To locate (CNX) Cofinex, you'll need to put the short name of the asset (CNX) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “CNX/BTC” to progress.

Binance Hot To Buy Cofinex (CNX)
Binance How to Buy (CNX) Cofinex
Step 4 – Buy Cofinex (CNX)

After you have spotted Cofinex (CNX), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation Cofinex (CNX) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of CNX you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of CNX.

When you are happy, make a mouse click on “Buy CNX”. Your order will be filled as soon as a Vender trades their CNX for the price you gave.

Step 5 – Withdraw (CNX) Cofinex

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your (CNX) Cofinex, hover over the ”Funds” tab and click on “Withdraw”. (CNX) Cofinex can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CNX) Cofinex by using the given drop-down box. Enter the quantity of (CNX) Cofinex you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congratulations! You've successfully purchased and safed Cofinex (CNX).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Cofinex (CNX) is safe in your wallet, you are all done.