A Step-by-Step-Guide on how to buy WOM Protocol (WOM)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. WOM Protocol (WOM) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (WOM) WOM Protocol Once your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To purchase (WOM) WOM Protocol on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To discover (WOM) WOM Protocol, you will need to insert the shortname of the coin (WOM) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “WOM/BTC” to advance.
Step 4 – Purchasing WOM Protocol (WOM) After you've located WOM Protocol (WOM), you'll be presented with a Chart with Prices (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 field with the “Price” tag will be automatically filled with the most recent tariff WOM Protocol (WOM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of WOM you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole amount of WOM. When you are glad, click on “Buy WOM”. Your order will be filled as soon as a Seller trades their WOM for the price you gave.
Step 5 – Withdraw WOM Protocol (WOM) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your WOM Protocol (WOM), go to the ”Funds” tab and click on “Withdraw”. WOM Protocol (WOM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate WOM Protocol (WOM) by using the provided drop-down box. Drop in the amount of WOM Protocol (WOM) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.