A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Chile
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Cosmos (ATOM) Once your deposit has been confirmed, you'll instantly have access to your assets and you can begin invest and trading. To invest in Cosmos (ATOM) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (ATOM) Cosmos, you'll need to put the shortname of the coin (ATOM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have marked this too. Click on “ATOM/BTC” to advance.
Step 4 – Buying (ATOM) Cosmos After you've found Cosmos (ATOM), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (ATOM) Cosmos was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen of ATOM you like to buy. The “Total” field is the total price in BTC that you'll settle for the whole volumen of ATOM. If you're glad, make a mouse click on “Buy ATOM”. Your order will be filled when a Seller trades their ATOM for the price you gave.
Step 5 – Withdraw Cosmos (ATOM) Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Cosmos (ATOM), hover over the tab called “Funds” and click on “Withdraw”. Cosmos (ATOM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the given drop-down box. Enter the volumen of Cosmos (ATOM) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be asked for phone/email verification before a withdrawal.