A Step-by-Step-Guide on how to buy Cosmos (ATOM) in United Arab Emirates
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your welcome $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Cosmos (ATOM) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (ATOM) Cosmos Once your deposit has been verified, you will now have access to your assets and you can initiate buying and trading. To purchase (ATOM) Cosmos on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To spot Cosmos (ATOM), you'll need to put the short name of the asset (ATOM) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “ATOM/BTC” to continue.
Step 4 – Buying Cosmos (ATOM) Once you've located (ATOM) Cosmos, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order. The “Price” field will be filled with the most up-to-date tariff (ATOM) Cosmos was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ATOM you want to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of ATOM. When you are happy, make a mouse click on “Buy ATOM”. Your plan will be filled as soon as a Seller sells their ATOM for the price you introduced.
Step 5 – Withdraw (ATOM) Cosmos Unless you're trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To withdraw your (ATOM) Cosmos, go to the “Funds” tab and click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the given drop-down box. Put into the volumen of (ATOM) Cosmos you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.