A Step-by-Step-Guide on how to buy COWRY (COW)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. COWRY (COW) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate COWRY (COW) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can launch purchasing and trading. To invest in COWRY (COW) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to find COWRY (COW), you will need to put the short name of the asset (COW) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we've marked this too. Click on “COW/BTC” to advance.
Step 4 – Purchasing COWRY (COW) As soon as you have found COWRY (COW), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate COWRY (COW) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of COW you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of COW. If you're happy, make a mouse click on “Buy COW”. Your plan will be filled when a Vender sells their COW for the price you offered.
Step 5 – Withdraw COWRY (COW) Unless you're regularly trading, never keep your crypto on an Exchange for an longer period of time. In order to withdraw your COWRY (COW), hover over the tab called “Funds” and mouse click on “Withdraw”. COWRY (COW) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find COWRY (COW) by using the given drop-down box. Put into the quantity of COWRY (COW) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.