A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Namibia
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your first $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Cosmos (ATOM) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Cosmos (ATOM) Once your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To purchase Cosmos (ATOM) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To spot (ATOM) Cosmos, you'll need to put the cointype (ATOM) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've marked this also. Click on “ATOM/BTC” to proceed.
Step 4 – Buy (ATOM) Cosmos As soon as you have located Cosmos (ATOM), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The “Price” field will be filled automatically with the most recent price (ATOM) Cosmos was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of ATOM you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of ATOM. When you are happy, click on “Buy ATOM”. Your order will be filled when a Vendor trades their ATOM for the price you submitted.
Step 5 – Withdraw (ATOM) Cosmos Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. To take off your Cosmos (ATOM), hover over the “Funds” tab and click on “Withdraw”. Cosmos (ATOM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ATOM) Cosmos by using the given drop-down box. Enter the amount of Cosmos (ATOM) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.