A Step-by-Step-Guide on how to buy COTI (COTI)
Step 1 – Join Kraken You'll first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. COTI (COTI) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate COTI (COTI) Once your deposit has been verified, you will directly have access to your finances and you can initiate buying and trading. To buy COTI (COTI) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to find COTI (COTI), you'll need to put the cointype (COTI) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “COTI/BTC” to progress.
Step 4 – Acquisition of COTI (COTI) Once you have spotted COTI (COTI), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff COTI (COTI) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of COTI you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of COTI. When you are happy, make a mouse click on “Buy COTI”. Your order will be filled when a Seller sells their COTI for the price you gave.
Step 5 – Withdraw COTI (COTI) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive time frame. To withdraw your COTI (COTI), hover over the tab called “Funds” and click on “Withdraw”. COTI (COTI) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate COTI (COTI) by using the given drop-down box. Enter the amount of COTI (COTI) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.
Congrats! You've successfully purchased and safed COTI (COTI).That's it! Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (COTI) COTI is safe in your wallet, you're done.
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