A Step-by-Step-Guide on how to buy Dowcoin (DOW)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Dowcoin (DOW) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Dowcoin (DOW) As soon as your deposit has been approved, you'll instantly have access to your funds and you can initiate purchasing and trading. To invest in (DOW) Dowcoin on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate Dowcoin (DOW), you'll need to put the shortname of the coin (DOW) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “DOW/BTC” to continue.
Step 4 – Purchase (DOW) Dowcoin Once you have located (DOW) Dowcoin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price (DOW) Dowcoin was traded for. This can be changed to your preferred price. The “Amount” field is the amount of DOW you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of DOW. If you are happy, make a mouse click on “Buy DOW”. Your plan will be filled when a Vender trades their DOW for the price you offered.
Step 5 – Withdraw Dowcoin (DOW) Unless you're trading, never keep your coins on an Crypto Trader for an extensive period of time. To withdraw your (DOW) Dowcoin, hover over the “Funds” tab and click on “Withdraw”. (DOW) Dowcoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOW) Dowcoin by using the provided drop-down box. Put into the quantity of (DOW) Dowcoin you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.