A Step-by-Step-Guide on how to buy Kolin (KOLIN)
Step 1 – Join Kraken You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Kolin (KOLIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Kolin (KOLIN) Once your deposit has been verified, you'll now have access to your assets and you can initiate purchasing and trading. To buy Kolin (KOLIN) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Kolin (KOLIN), you'll need to put the cointype (KOLIN) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this too. Click on “KOLIN/BTC” to proceed.
Step 4 – Purchase Kolin (KOLIN) As soon as you have spotted Kolin (KOLIN), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate Kolin (KOLIN) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of KOLIN you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of KOLIN. When you are satisfied, make a mouse click on “Buy KOLIN”. Your plan will be filled as soon as a Vendor trades their KOLIN for the price you offered.
Step 5 – Withdraw Kolin (KOLIN) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Kolin (KOLIN), go to the tab called “Funds” and mouse click on “Withdraw”. Kolin (KOLIN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Kolin (KOLIN) by using the given drop-down box. Enter the volumen of Kolin (KOLIN) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.