A Step-by-Step-Guide on how to buy WOM Protocol (WOM)
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. WOM Protocol (WOM) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find WOM Protocol (WOM) Once your deposit has been confirmed, you will immediately have access to your finances and you can start invest and trading. To invest in WOM Protocol (WOM) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate WOM Protocol (WOM), you'll need to put the shortname of the coin (WOM) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “WOM/BTC” to proceed.
Step 4 – Purchasing WOM Protocol (WOM) As soon as you have located WOM Protocol (WOM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate WOM Protocol (WOM) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of WOM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of WOM. When you're happy, make a mouse click on “Buy WOM”. Your plan will be filled when a Vender trades their WOM for the price you gave.
Step 5 – Withdraw WOM Protocol (WOM) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended period of time. In order to withdraw your WOM Protocol (WOM), go to the ”Funds” tab and click on “Withdraw”. WOM Protocol (WOM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find WOM Protocol (WOM) by using the given drop-down box. Put into the quantity of WOM Protocol (WOM) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.
Kudos! You've successfully purchased and safed WOM Protocol (WOM).That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (WOM) WOM Protocol is safe in your wallet, you are all done.
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