How to Buy Koinon (KOIN)

A Step-by-Step-Guide on how to buy Koinon (KOIN)

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Koinon (KOIN) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Koinon (KOIN)

Once your deposit has been approved, you will now have access to your assets and you can commence purchasing and trading. To purchase Koinon (KOIN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find Koinon (KOIN), you will need to put the shortname of the coin (KOIN) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “KOIN/BTC” to proceed.

Binance Hot To Buy Koinon (KOIN)
Binance How to Buy (KOIN) Koinon
Step 4 – Buy Koinon (KOIN)

After you've located Koinon (KOIN), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff Koinon (KOIN) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of KOIN you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of KOIN.

When you're satisfied, make a mouse click on “Buy KOIN”. Your order will be filled as soon as a Vendor sells their KOIN for the price you offered.

Step 5 – Withdraw Koinon (KOIN)

Unless you are frequently trading, never keep your coins on an Exchange for an extensive time period. In order to withdraw your Koinon (KOIN), hover over the tab called “Funds” and mouse click on “Withdraw”. Koinon (KOIN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Congratulations! You've successfully purchased and safed Koinon (KOIN).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (KOIN) Koinon is safe in your wallet, you're finished.

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