A Step-by-Step-Guide on how to buy Covalent (COVA)
Step 1 – Signup to Kraken You'll first need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Covalent (COVA) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the correct 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 are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Covalent (COVA) As soon as your deposit has been confirmed, you will immediately have access to your finances and you can commence buying and trading. To buy Covalent (COVA) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To discover Covalent (COVA), you will need to insert the shortname of the coin (COVA) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this too. Click on “COVA/BTC” to go ahead.
Step 4 – Acquisition of Covalent (COVA) As soon as you've discovered Covalent (COVA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff Covalent (COVA) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of COVA you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of COVA. When you are glad, make a mouse click on “Buy COVA”. Your plan will be filled as soon as a Vender sells their COVA for the price you introduced.
Step 5 – Withdraw Covalent (COVA) Unless you are trading, you should never keepyour crypto coins on an Exchange for an extended time period. In order to withdraw your Covalent (COVA), go to the ”Funds” tab and click on “Withdraw”. Covalent (COVA) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Covalent (COVA) by using the provided drop-down box. Enter the quantity of Covalent (COVA) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.