A Step-by-Step-Guide on how to buy Koinon (KOIN)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You'll first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Koinon (KOIN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (KOIN) Koinon Once your deposit has been verified, you will directly have access to your finances and you can launch buying and trading. To invest in Koinon (KOIN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find Koinon (KOIN), you'll need to insert the shortname of the coin (KOIN) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “KOIN/BTC” to proceed.
Step 4 – Buying (KOIN) Koinon After you've found Koinon (KOIN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our Limit Order. The “Price” field will be filled with the most latest rate (KOIN) Koinon was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of KOIN you like to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of KOIN. If you're happy, click on “Buy KOIN”. Your plan will be filled when a Vender sells their KOIN for the price you gave.
Step 5 – Withdraw Koinon (KOIN) Unless you are trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your (KOIN) Koinon, hover over the “Funds” tab and click on “Withdraw”. (KOIN) Koinon can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Koinon (KOIN) by using the given drop-down box. Put into the amount of Koinon (KOIN) you would like to take off. Take into account the demonstrated 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 phone/email ahead of a withdrawal.