A Step-by-Step-Guide on how to buy Cosmo Coin (COSM)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Cosmo Coin (COSM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Cosmo Coin (COSM) Once your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To purchase Cosmo Coin (COSM) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot Cosmo Coin (COSM), you will need to put the short name of the asset (COSM) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this too. Click on “COSM/BTC” to progress.
Step 4 – Acquisition of Cosmo Coin (COSM) After you've discovered Cosmo Coin (COSM), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation Cosmo Coin (COSM) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of COSM you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of COSM. When you are glad, click on “Buy COSM”. Your plan will be filled as soon as a Vendor trades their COSM for the price you submitted.
Step 5 – Withdraw (COSM) Cosmo Coin Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time period. In order to take off your (COSM) Cosmo Coin, go to the ”Funds” tab and click on “Withdraw”. (COSM) Cosmo Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (COSM) Cosmo Coin by using the provided drop-down box. Enter the quantity of (COSM) Cosmo Coin you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.