A Step-by-Step-Guide on how to buy Kolin (KOLIN)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and receive your welcome $10.
Step 2 – Transfer Your Funds 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 alike. Kolin (KOLIN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (KOLIN) Kolin As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start buying and trading. To purchase (KOLIN) Kolin on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot (KOLIN) Kolin, you'll need to insert the shortname of the coin (KOLIN) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “KOLIN/BTC” to proceed.
Step 4 – Buy (KOLIN) Kolin Once you have discovered (KOLIN) Kolin, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our Limit Order. The ”Price” field will be filled with the recent rate (KOLIN) Kolin was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of KOLIN you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of KOLIN. If you are satisfied, click on “Buy KOLIN”. Your plan will be filled when a Vendor trades their KOLIN for the price you introduced.
Step 5 – Withdraw Kolin (KOLIN) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. In order to take off your Kolin (KOLIN), go to the ”Funds” tab and mouse click on “Withdraw”. Kolin (KOLIN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Kolin (KOLIN) by using the provided drop-down box. Put into the amount of Kolin (KOLIN) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.