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).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Koinon (KOIN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Koinon (KOIN) As soon as your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To purchase Koinon (KOIN) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Koinon (KOIN), you'll need to put the cointype (KOIN) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this also. Click on “KOIN/BTC” to continue.
Step 4 – Buy Koinon (KOIN) As soon as you've found Koinon (KOIN), you'll be given a Price Chart (in the Center of the picture) 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 automatically filled with the most latest valuation Koinon (KOIN) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of KOIN you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of KOIN. If you are glad, click on “Buy KOIN”. Your plan will be filled as soon as a Vendor trades their KOIN for the price you gave.
Step 5 – Withdraw Koinon (KOIN) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Koinon (KOIN), hover over the ”Funds” tab and click on “Withdraw”. Koinon (KOIN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Koinon (KOIN) by using the given drop-down box. Enter the quantity of Koinon (KOIN) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.