A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Slovakia
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your first 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Cosmos (ATOM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (ATOM) Cosmos Once your deposit has been verified, you will instantly have access to your finances and you can initiate purchasing and trading. To purchase (ATOM) Cosmos on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To find Cosmos (ATOM), you'll need to insert the short name of the asset (ATOM) into the search-box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “ATOM/BTC” to go on.
Step 4 – Purchasing Cosmos (ATOM) As soon as you've discovered (ATOM) Cosmos, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The “Price” field will be filled automatically with the up-to-date valuation (ATOM) Cosmos was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of ATOM you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of ATOM. When you're satisfied, click on “Buy ATOM”. Your plan will be filled as soon as a Vender sells their ATOM for the price you offered.
Step 5 – Withdraw Cosmos (ATOM) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended period of time. To take off your Cosmos (ATOM), hover over the “Funds” tab and click on “Withdraw”. (ATOM) Cosmos can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the given drop-down box. Drop in the quantity of (ATOM) Cosmos you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.