A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Malta
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Cosmos (ATOM) Once your deposit has been confirmed, you'll immediately have access to your funds and you can initiate purchasing and trading. To buy Cosmos (ATOM) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (ATOM) Cosmos, you will need to put the shortname of the coin (ATOM) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “ATOM/BTC” to go on.
Step 4 – Acquisition of (ATOM) Cosmos After you have discovered (ATOM) Cosmos, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The “Price” field will be filled with the most recent valuation Cosmos (ATOM) was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of ATOM you wish to buy. The “Total” field is the whole price in BTC that you will pay for the complete quantity of ATOM. When you are happy, make a mouse click on “Buy ATOM”. Your plan will be filled when a Vendor trades their ATOM for the price you introduced.
Step 5 – Withdraw (ATOM) Cosmos Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your (ATOM) Cosmos, hover over the tab called “Funds” and mouse click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the given drop-down box. Put into the volumen of (ATOM) Cosmos you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.