A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Malawi
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and to get your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have 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 Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Cosmos (ATOM) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can launch invest and trading. To buy Cosmos (ATOM) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To find Cosmos (ATOM), you will need to insert the cointype (ATOM) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “ATOM/BTC” to proceed.
Step 4 – Buy Cosmos (ATOM) After you have spotted Cosmos (ATOM), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the recent rate (ATOM) Cosmos was sold for. This can be changed to your desired price. The “Amount” field is the amount of ATOM you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of ATOM. When you are satisfied, make a mouse click on “Buy ATOM”. Your order will be filled as soon as a Vendor trades their ATOM for the price you gave.
Step 5 – Withdraw Cosmos (ATOM) Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. In order to take off your Cosmos (ATOM), hover over the tab called “Funds” and click on “Withdraw”. (ATOM) Cosmos can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the provided drop-down box. Drop in the amount of (ATOM) Cosmos you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.