A Step-by-Step-Guide on how to buy CoTrader (COT)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CoTrader (COT) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find CoTrader (COT) As soon as your deposit has been verified, you'll instantly have access to your funds and you can launch invest and trading. To invest in CoTrader (COT) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find CoTrader (COT), you will need to put the short name of the asset (COT) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “COT/BTC” to advance.
Step 4 – Buy CoTrader (COT) As soon as you've spotted CoTrader (COT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most recent price CoTrader (COT) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of COT you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of COT. When you're happy, make a mouse click on “Buy COT”. Your plan will be filled as soon as a Vender sells their COT for the price you offered.
Step 5 – Withdraw CoTrader (COT) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your CoTrader (COT), go to the ”Funds” tab and click on “Withdraw”. CoTrader (COT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate CoTrader (COT) by using the provided drop-down box. Put into the quantity of CoTrader (COT) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click on “Submit”. You may be asked for email/phone verification before a take off.