A Step-by-Step-Guide on how to buy Kobocoin (KOBO)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting your first $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Kobocoin (KOBO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Kobocoin (KOBO) As soon as your deposit has been verified, you'll immediately have access to your assets and you can begin purchasing and trading. To purchase Kobocoin (KOBO) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate Kobocoin (KOBO), you'll need to put the short name of the asset (KOBO) into the search box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “KOBO/BTC” to progress.
Step 4 – Purchase Kobocoin (KOBO) After you've located Kobocoin (KOBO), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Kobocoin (KOBO) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of KOBO you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of KOBO. When you are glad, make a mouse click on “Buy KOBO”. Your order will be filled as soon as a Vendor trades their KOBO for the price you submitted.
Step 5 – Withdraw (KOBO) Kobocoin Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to withdraw your (KOBO) Kobocoin, go to the ”Funds” tab and click on “Withdraw”. (KOBO) Kobocoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (KOBO) Kobocoin by using the provided drop-down box. Put into the amount of (KOBO) Kobocoin you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.