A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Saint Lucia
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Cosmos (ATOM) Once your deposit has been confirmed, you will now have access to your assets and you can initiate invest and trading. To purchase (ATOM) Cosmos on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Cosmos (ATOM), you'll need to put the cointype (ATOM) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “ATOM/BTC” to advance.
Step 4 – Buying (ATOM) Cosmos After you've located Cosmos (ATOM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Cosmos (ATOM) was traded for. This can be changed to your favoured rate. The “Amount” field is the quantity of ATOM you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of ATOM. If you are satisfied, click on “Buy ATOM”. Your plan will be filled as soon as a Vendor trades their ATOM for the price you offered.
Step 5 – Withdraw (ATOM) Cosmos Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your Cosmos (ATOM), go to the tab called “Funds” and click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the provided drop-down box. Drop in the volumen of Cosmos (ATOM) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.