A Step-by-Step-Guide on how to buy Komodo (KMD)
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Komodo (KMD) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (KMD) Komodo Once your deposit has been approved, you'll instantly have access to your finances and you can start buying and trading. To buy (KMD) Komodo on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To find Komodo (KMD), you will need to put the cointype (KMD) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this also. Click on “KMD/BTC” to go on.
Step 4 – Buying (KMD) Komodo Once you've spotted (KMD) Komodo, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are creating our Limit Order. The “Price” field will be filled with the recent valuation (KMD) Komodo was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of KMD you like to purchase. The “Total” field is the whole price in BTC that you will pay for the whole quantity of KMD. When you're satisfied, click on “Buy KMD”. Your plan will be filled when a Vendor sells their KMD for the price you introduced.
Step 5 – Withdraw Komodo (KMD) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. To take off your (KMD) Komodo, go to the “Funds” tab and click on “Withdraw”. Komodo (KMD) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (KMD) Komodo by using the provided drop-down box. Drop in the quantity of Komodo (KMD) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.