A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Jersey
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your first $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has 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 funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (ATOM) Cosmos As soon as your deposit has been affirmed, you will instantly have access to your funds and you can launch buying and trading. To purchase (ATOM) Cosmos on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Cosmos (ATOM), you will need to put the shortname of the coin (ATOM) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this too. Click on “ATOM/BTC” to go ahead.
Step 4 – Buying Cosmos (ATOM) After you've located Cosmos (ATOM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled with the up-to-date rate Cosmos (ATOM) was traded for. You can change this to your favoured price. The “Amount” field is the amount of ATOM you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of ATOM. When you are satisfied, make a mouse click on “Buy ATOM”. Your plan will be filled when a Vender trades their ATOM for the price you offered.
Step 5 – Withdraw Cosmos (ATOM) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To take off your (ATOM) Cosmos, hover over the “Funds” tab and click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Enter the quantity of (ATOM) Cosmos you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.