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 – Transmit Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. COWRY (COW) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find COWRY (COW) As soon as your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To buy COWRY (COW) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot COWRY (COW), you will need to insert the shortname of the coin (COW) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “COW/BTC” to continue.
Step 4 – Buy COWRY (COW) As soon as you have found COWRY (COW), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled with the most latest valuation COWRY (COW) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of COW you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of COW. When you're happy, click on “Buy COW”. Your order will be filled as soon as a Vender sells their COW for the price you offered.
Step 5 – Withdraw COWRY (COW) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your COWRY (COW), hover over the ”Funds” tab and click on “Withdraw”. COWRY (COW) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate COWRY (COW) by using the given drop-down box. Drop in the quantity of COWRY (COW) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.