A Step-by-Step-Guide on how to buy Komodo (KMD)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your welcome 10$.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Komodo (KMD) 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? (Just follow these easy steps) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (KMD) Komodo As soon as your deposit has been affirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To invest in (KMD) Komodo on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To spot (KMD) Komodo, you'll need to put the short name of the asset (KMD) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this also. Click on “KMD/BTC” to proceed.
Step 4 – Buying Komodo (KMD) Once you have found Komodo (KMD), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Komodo (KMD) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of KMD you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of KMD. If you're glad, click on “Buy KMD”. Your order will be filled as soon as a Vendor sells their KMD for the price you offered.
Step 5 – Withdraw Komodo (KMD) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended time frame. In order to withdraw your Komodo (KMD), go to the tab called “Funds” and mouse click on “Withdraw”. Komodo (KMD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Komodo (KMD) by using the given drop-down box. Put into the volumen of Komodo (KMD) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.