A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Burkina Faso
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your first 10 Dollar.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Cosmos (ATOM) Once your deposit has been verified, you will directly have access to your finances and you can start invest and trading. To purchase (ATOM) Cosmos on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Cosmos (ATOM), you'll need to put the cointype (ATOM) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've highlighted this too. Click on “ATOM/BTC” to continue.
Step 4 – Acquisition of Cosmos (ATOM) After you've located Cosmos (ATOM), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date price (ATOM) Cosmos was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of ATOM you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of ATOM. When you're happy, make a mouse click on “Buy ATOM”. Your order will be filled as soon as a Vender sells their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To take off your (ATOM) Cosmos, hover over the tab called “Funds” and click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the given drop-down box. Enter the volumen of (ATOM) Cosmos you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification before a take off.