A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Guinea-Bissau
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your first 10 Dollar.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Cosmos (ATOM) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Cosmos (ATOM) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can begin buying and trading. To buy Cosmos (ATOM) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate (ATOM) Cosmos, you'll need to insert the short name of the asset (ATOM) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “ATOM/BTC” to go on.
Step 4 – Acquisition of Cosmos (ATOM) After you've discovered 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). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation (ATOM) Cosmos was sold for. This can be changed to your desired price. The “Amount” field is the quantity of ATOM you like to buy. The “Total” field is the whole price in BTC that you will settle for the whole quantity of ATOM. When you're happy, make a mouse click on “Buy ATOM”. Your plan will be filled when a Seller 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 on an Crypto Exchange for an extended period of time. In order to withdraw your Cosmos (ATOM), go to the tab called “Funds” and mouse click on “Withdraw”. Cosmos (ATOM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (ATOM) Cosmos by using the provided drop-down box. Put into the quantity of (ATOM) Cosmos you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.