A Step-by-Step-Guide on how to buy Community Token (COM)
Step 1 – Join Kraken You'll first need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Community Token (COM) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Community Token (COM) Once your deposit has been confirmed, you will immediately have access to your funds and you can begin purchasing and trading. To buy Community Token (COM) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find Community Token (COM), you will need to put the shortname of the coin (COM) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have highlighted this too. Click on “COM/BTC” to go on.
Step 4 – Purchase Community Token (COM) After you have spotted Community Token (COM), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff Community Token (COM) was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of COM you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of COM. If you're happy, click on “Buy COM”. Your order will be filled when a Seller trades their COM for the price you submitted.
Step 5 – Withdraw Community Token (COM) Unless you're trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. To take off your Community Token (COM), go to the tab called “Funds” and mouse click on “Withdraw”. Community Token (COM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Community Token (COM) by using the given drop-down box. Drop in the volumen of Community Token (COM) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.