A Step-by-Step-Guide on how to buy Koinos (KOIN)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome 10$.
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Koinos (KOIN) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (KOIN) Koinos As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate buying and trading. To purchase (KOIN) Koinos on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To locate Koinos (KOIN), you will need to put the shortname of the coin (KOIN) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “KOIN/BTC” to progress.
Step 4 – Purchase (KOIN) Koinos Once you've discovered Koinos (KOIN), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price (KOIN) Koinos was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of KOIN you want to buy. The “Total” field is the whole price in BTC that you will settle for the whole volumen of KOIN. When you are satisfied, click on “Buy KOIN”. Your plan will be filled as soon as a Seller trades their KOIN for the price you offered.
Step 5 – Withdraw Koinos (KOIN) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. To withdraw your (KOIN) Koinos, hover over the “Funds” tab and mouse click on “Withdraw”. Koinos (KOIN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Koinos (KOIN) by using the provided drop-down box. Put into the amount of (KOIN) Koinos you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.