A Step-by-Step-Guide on how to buy Cobinhood (COB)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cobinhood (COB) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (COB) Cobinhood Once your deposit has been approved, you'll immediately have access to your funds and you can commence invest and trading. To buy Cobinhood (COB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover Cobinhood (COB), you'll need to insert the cointype (COB) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “COB/BTC” to advance.
Step 4 – Buying (COB) Cobinhood Once you've spotted (COB) Cobinhood, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're making our Limit Order. The “Price” field will be filled with the most latest tariff (COB) Cobinhood was traded for. You can change this to your desired rate. The “Amount” field is the quantity of COB you wish to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of COB. If you're satisfied, make a mouse click on “Buy COB”. Your order will be filled when a Vendor sells their COB for the price you submitted.
Step 5 – Withdraw (COB) Cobinhood Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. To take off your (COB) Cobinhood, go to the “Funds” tab and mouse click on “Withdraw”. (COB) Cobinhood can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cobinhood (COB) by using the given drop-down box. Put into the volumen of (COB) Cobinhood you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.