A Step-by-Step-Guide on how to buy Covesting (COV)
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Covesting (COV) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Covesting (COV) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can initiate invest and trading. To purchase Covesting (COV) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Covesting (COV), you'll need to put the cointype (COV) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have highlighted this also. Click on “COV/BTC” to go on.
Step 4 – Purchasing Covesting (COV) As soon as you've discovered Covesting (COV), you'll 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 creating our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff Covesting (COV) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of COV you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole amount of COV. When you're glad, click on “Buy COV”. Your plan will be filled as soon as a Vendor trades their COV for the price you submitted.
Step 5 – Withdraw Covesting (COV) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your Covesting (COV), hover over the tab called “Funds” and mouse click on “Withdraw”. Covesting (COV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Covesting (COV) by using the provided drop-down box. Drop in the amount of Covesting (COV) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a take off.
Kudos! You've successfully purchased and stored Covesting (COV).That's it! Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (COV) Covesting is safe inside your wallet, you are done.
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