A Step-by-Step-Guide on how to buy Cosmos (ATOM)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Cosmos (ATOM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (ATOM) Cosmos As soon as your deposit has been verified, you will instantly have access to your assets and you can begin purchasing and trading. To invest in (ATOM) Cosmos on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To discover (ATOM) Cosmos, you will need to insert the short name of the asset (ATOM) 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 “ATOM/BTC” to go ahead.
Step 4 – Buy Cosmos (ATOM) After you've spotted Cosmos (ATOM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our Limit Order. The ”Price” field will be automatically filled with the recent price Cosmos (ATOM) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of ATOM you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of ATOM. If you are satisfied, make a mouse click on “Buy ATOM”. Your plan will be filled as soon as a Vender sells their ATOM for the price you offered.
Step 5 – Withdraw (ATOM) Cosmos Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an longer time frame. In order to withdraw your (ATOM) Cosmos, go to the tab called “Funds” and mouse click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the provided drop-down box. Drop in the volumen of (ATOM) Cosmos you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.