A Step-by-Step-Guide on how to buy Wownero (WOW)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your welcome 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) 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. Wownero (WOW) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (WOW) Wownero As soon as your deposit has been verified, you will immediately have access to your funds and you can start buying and trading. To buy (WOW) Wownero on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to discover (WOW) Wownero, you will need to put the cointype (WOW) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “WOW/BTC” to continue.
Step 4 – Buying Wownero (WOW) After you've spotted Wownero (WOW), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation Wownero (WOW) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of WOW you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of WOW. If you're happy, make a mouse click on “Buy WOW”. Your plan will be filled when a Vendor sells their WOW for the price you introduced.
Step 5 – Withdraw (WOW) Wownero Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your (WOW) Wownero, hover over the ”Funds” tab and click on “Withdraw”. (WOW) Wownero can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (WOW) Wownero by using the given drop-down box. Put into the amount of (WOW) Wownero you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.