A Step-by-Step-Guide on how to buy Cosmos (ATOM)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (ATOM) Cosmos As soon as your deposit has been verified, you will immediately have access to your finances and you can launch buying and trading. To invest in (ATOM) Cosmos on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (ATOM) Cosmos, you will need to put the shortname of the coin (ATOM) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “ATOM/BTC” to continue.
Step 4 – Buy Cosmos (ATOM) As soon as you have spotted Cosmos (ATOM), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order. The ”Price” field will be filled with the recent rate Cosmos (ATOM) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of ATOM you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of ATOM. If you're satisfied, make a mouse click on “Buy ATOM”. Your plan will be filled when a Seller sells their ATOM for the price you introduced.
Step 5 – Withdraw (ATOM) Cosmos Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer period of time. In order to take off your (ATOM) Cosmos, go to the tab called “Funds” and mouse click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the given drop-down box. Put into the volumen of (ATOM) Cosmos you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.