A Step-by-Step-Guide on how to buy Coin (COIN)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and receive your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Coin (COIN) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Coin (COIN) Once your deposit has been approved, you will directly have access to your assets and you can start invest and trading. To purchase Coin (COIN) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot Coin (COIN), you will need to insert the cointype (COIN) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this also. Click on “COIN/BTC” to go on.
Step 4 – Purchase (COIN) Coin After you've found (COIN) Coin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our own Limit Order. The ”Price” field will be filled with the up-to-date tariff (COIN) Coin was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of COIN you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of COIN. If you are satisfied, make a mouse click on “Buy COIN”. Your plan will be filled as soon as a Vendor trades their COIN for the price you submitted.
Step 5 – Withdraw (COIN) Coin Unless you're trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to withdraw your (COIN) Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (COIN) Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (COIN) Coin by using the provided drop-down box. Enter the amount of (COIN) Coin you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.