How to Buy Kompass (KOMP)

A Step-by-Step-Guide on how to buy Kompass (KOMP)

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your first 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer 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. Kompass (KOMP) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (KOMP) Kompass

Once your deposit has been verified, you will immediately have access to your assets and you can initiate purchasing and trading. To purchase (KOMP) Kompass on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot (KOMP) Kompass, you will need to insert the cointype (KOMP) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've highlighted this too. Click on “KOMP/BTC” to go on.

Binance Hot To Buy Kompass (KOMP)
Binance How to Buy (KOMP) Kompass
Step 4 – Purchase (KOMP) Kompass

After you've found (KOMP) Kompass, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation (KOMP) Kompass was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of KOMP you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete volumen of KOMP.

When you're satisfied, click on “Buy KOMP”. Your order will be filled when a Vendor sells their KOMP for the price you submitted.

Step 5 – Withdraw (KOMP) Kompass

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To take off your (KOMP) Kompass, go to the tab called “Funds” and click on “Withdraw”. (KOMP) Kompass can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (KOMP) Kompass by using the provided drop-down box. Drop in the quantity of (KOMP) Kompass you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully purchased and stored (KOMP) Kompass.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (KOMP) Kompass is safe in your wallet, you are done.