A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Andorra
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Cosmos (ATOM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Cosmos (ATOM) Once your deposit has been approved, you'll instantly have access to your finances and you can launch invest and trading. To purchase (ATOM) Cosmos on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To find (ATOM) Cosmos, 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 correct grouping, we have marked this also. Click on “ATOM/BTC” to go on.
Step 4 – Purchasing (ATOM) Cosmos Once you've discovered (ATOM) Cosmos, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the most recent valuation (ATOM) Cosmos was traded for. You can change this to your favoured rate. The “Amount” field is the quantity of ATOM you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of ATOM. If you are happy, click on “Buy ATOM”. Your plan will be filled as soon as a Seller trades their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. To withdraw your Cosmos (ATOM), hover over the “Funds” tab and click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the given drop-down box. Enter the quantity of (ATOM) Cosmos you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You may be requested for verfication via email/phone before a take off.