How to Buy KODcoin (KOD)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. KODcoin (KOD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've chosen the correct 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 different (Just follow our guide).

Step 3 – Find KODcoin (KOD)

Once your deposit has been verified, you'll now have access to your finances and you can launch buying and trading. To invest in KODcoin (KOD) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find KODcoin (KOD), you'll need to insert the shortname of the coin (KOD) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “KOD/BTC” to advance.

Step 4 – Purchase KODcoin (KOD)

After you've discovered KODcoin (KOD), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent tariff KODcoin (KOD) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of KOD you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of KOD.

If you're satisfied, make a mouse click on “Buy KOD”. Your plan will be filled when a Seller sells their KOD for the price you gave.

Step 5 – Withdraw KODcoin (KOD)

Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time frame. To take off your KODcoin (KOD), hover over the tab called “Funds” and click on “Withdraw”. KODcoin (KOD) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find KODcoin (KOD) by using the given drop-down box. Put into the quantity of KODcoin (KOD) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, click on “Submit”. You could be asked for email/phone verification before a withdrawal.