How to Buy Koto (KOTO)

A Step-by-Step-Guide on how to buy Koto (KOTO)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You'll first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Koto (KOTO) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Koto (KOTO)

Once your deposit has been approved, you will instantly have access to your assets and you can begin invest and trading. To invest in (KOTO) Koto on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to spot Koto (KOTO), you will need to insert the short name of the asset (KOTO) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “KOTO/BTC” to advance.

Binance How To Buy 1 Koto (KOTO)
Step 4 – Buying Koto (KOTO)

As soon as you have found (KOTO) Koto, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the recent price (KOTO) Koto was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of KOTO you wish to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the complete volumen of KOTO.

When you are satisfied, make a mouse click on “Buy KOTO”. Your order will be filled as soon as a Seller trades their KOTO for the price you gave.

Step 5 – Withdraw Koto (KOTO)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extended time frame. To withdraw your Koto (KOTO), go to the “Funds” tab and mouse click on “Withdraw”. (KOTO) Koto can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (KOTO) Koto by using the given drop-down box. Enter the quantity of (KOTO) Koto you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are glad, click “Submit”. You may be requested for email/phone verification before a take off.

Congratulations! You've successfully bought and stored (KOTO) Koto.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (KOTO) Koto is stored in your wallet, you are finished.