How to Buy Cofinex (CNX)

A Step-by-Step-Guide on how to buy Cofinex (CNX)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome $10.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Cofinex (CNX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find (CNX) Cofinex

Once your deposit has been approved, you will instantly have access to your assets and you can commence invest and trading. To purchase (CNX) Cofinex on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to find (CNX) Cofinex, you will need to insert the cointype (CNX) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have highlighted this also. Click on “CNX/BTC” to go on.

How to buy Coin on Binance 1 Cofinex (CNX)
Step 4 – Buy (CNX) Cofinex

As soon as you have located (CNX) Cofinex, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation (CNX) Cofinex was traded for. You can change this to your preferred price. The “Amount” field is the amount of CNX you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of CNX.

If you're satisfied, make a mouse click on “Buy CNX”. Your order will be filled as soon as a Vendor sells their CNX for the price you introduced.

Step 5 – Withdraw (CNX) Cofinex

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your (CNX) Cofinex, go to the “Funds” tab and mouse click on “Withdraw”. (CNX) Cofinex can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CNX) Cofinex by using the provided drop-down box. Enter the amount of Cofinex (CNX) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You have successfully bought and safed Cofinex (CNX).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the Cofinex (CNX) is safe inside your wallet, you are finished.