A Step-by-Step-Guide on how to buy Kolin (KOLIN)
Step 1 – Signup to CEX.io You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Kolin (KOLIN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Kolin (KOLIN) As soon as your deposit has been affirmed, you'll directly have access to your finances and you can launch buying and trading. To invest in Kolin (KOLIN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find Kolin (KOLIN), you'll need to insert the shortname of the coin (KOLIN) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this also. Click on “KOLIN/BTC” to proceed.
Step 4 – Buying (KOLIN) Kolin After you've spotted (KOLIN) Kolin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our Limit Order. The ”Price” field will be automatically filled with the most latest tariff (KOLIN) Kolin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of KOLIN you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of KOLIN. If you are happy, click on “Buy KOLIN”. Your order will be filled as soon as a Vendor trades their KOLIN for the price you offered.
Step 5 – Withdraw (KOLIN) Kolin Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive period of time. In order to take off your (KOLIN) Kolin, hover over the ”Funds” tab and mouse click on “Withdraw”. (KOLIN) Kolin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (KOLIN) Kolin by using the given drop-down box. Drop in the amount of (KOLIN) Kolin you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.