How to Buy KODcoin (KOD)

A Step-by-Step-Guide on how to buy KODcoin (KOD)

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome 10$.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. KODcoin (KOD) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find KODcoin (KOD)

As soon as your deposit has been approved, you'll immediately have access to your assets and you can start purchasing and trading. To invest in (KOD) KODcoin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to discover (KOD) KODcoin, you will need to insert the cointype (KOD) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “KOD/BTC” to advance.

How to buy Coin on Binance 1 KODcoin (KOD)
Step 4 – Buying KODcoin (KOD)

Once you've located KODcoin (KOD), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the recent rate KODcoin (KOD) was traded for. You can change this to your favoured rate. The “Amount” field is the amount of KOD you like to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of KOD.

When you're satisfied, make a mouse click on “Buy KOD”. Your order will be filled as soon as a Vendor trades their KOD for the price you submitted.

Step 5 – Withdraw (KOD) KODcoin

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your (KOD) KODcoin, go to the “Funds” tab and mouse click on “Withdraw”. (KOD) KODcoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate KODcoin (KOD) by using the provided drop-down box. Enter the amount of KODcoin (KOD) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, click on “Submit”. You may be requested for verfication via email/phone before a take off.

Kudos! You've successfully purchased and stored (KOD) KODcoin.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the KODcoin (KOD) is stored within your wallet, you're finished.