A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Tonga
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Cosmos (ATOM) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (ATOM) Cosmos Once your deposit has been confirmed, you will directly have access to your finances and you can start 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 will need to put the cointype (ATOM) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “ATOM/BTC” to advance.
Step 4 – Buying Cosmos (ATOM) Once you have discovered (ATOM) Cosmos, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price (ATOM) Cosmos was traded for. You can change this to your preferred price. The “Amount” field is the amount of ATOM you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of ATOM. When you are glad, make a mouse click on “Buy ATOM”. Your plan will be filled when a Vendor trades their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you are frequently trading, never keep your crypto coins on an Exchange for an extensive time frame. To withdraw your (ATOM) Cosmos, hover over the tab called “Funds” and click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the provided drop-down box. Drop in the volumen of (ATOM) Cosmos you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.