A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Lithuania
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Cosmos (ATOM) Once your deposit has been verified, you'll immediately have access to your finances and you can start purchasing and trading. To invest in (ATOM) Cosmos on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover (ATOM) Cosmos, you will need to put the cointype (ATOM) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “ATOM/BTC” to proceed.
Step 4 – Purchasing (ATOM) Cosmos Once you've spotted Cosmos (ATOM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation (ATOM) Cosmos was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of ATOM you want to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete amount of ATOM. If you are happy, click on “Buy ATOM”. Your plan will be filled as soon as a Seller trades their ATOM for the price you gave.
Step 5 – Withdraw (ATOM) Cosmos Unless you are frequently trading, never keep your coins on an Crypto Exchange for an extensive period of time. In order to take off your (ATOM) Cosmos, go to the “Funds” tab and mouse click on “Withdraw”. Cosmos (ATOM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Enter the amount of (ATOM) Cosmos you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.