A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Portugal
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 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 Crypto Exchange now. All exchanges have a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (ATOM) Cosmos As soon as your deposit has been confirmed, you will instantly have access to your assets and you can commence purchasing and trading. To buy Cosmos (ATOM) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. To find (ATOM) Cosmos, you'll need to insert the cointype (ATOM) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “ATOM/BTC” to go on.
Step 4 – Purchase Cosmos (ATOM) Once you've spotted (ATOM) Cosmos, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The “Price” field will be filled with the most latest tariff (ATOM) Cosmos was sold for. You can change this to your desired rate. The “Amount” field is the volumen of ATOM you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of ATOM. If you're satisfied, make a mouse click on “Buy ATOM”. Your order will be filled as soon as a Seller trades their ATOM for the price you gave.
Step 5 – Withdraw Cosmos (ATOM) Unless you are trading, never keep your crypto on an Exchange for an extensive period of time. To withdraw your (ATOM) Cosmos, go to the “Funds” tab and mouse click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Drop in the volumen of Cosmos (ATOM) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You may be requested for verfication via phone/email before a take off.