A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Lesotho
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (ATOM) Cosmos Once your deposit has been verified, you'll now have access to your funds and you can start buying and trading. To invest in (ATOM) Cosmos on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. In order to spot Cosmos (ATOM), you'll need to put the shortname of the coin (ATOM) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “ATOM/BTC” to progress.
Step 4 – Buy Cosmos (ATOM) Once you've discovered Cosmos (ATOM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order. The “Price” field will be filled automatically with the most recent rate (ATOM) Cosmos was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of ATOM you want to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete volumen of ATOM. When you're happy, click on “Buy ATOM”. Your order will be filled as soon as a Vendor sells their ATOM for the price you submitted.
Step 5 – Withdraw (ATOM) Cosmos Unless you're regularly trading, never keep your crypto coins on an Exchange for an extended time frame. In order to withdraw your Cosmos (ATOM), go to the “Funds” tab and mouse click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the provided drop-down box. Enter the volumen of (ATOM) Cosmos you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.