A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Ireland
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (ATOM) Cosmos Once your deposit has been approved, you'll instantly have access to your finances and you can start buying and trading. To invest in Cosmos (ATOM) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. In order to spot 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 also. Click on “ATOM/BTC” to go ahead.
Step 4 – Purchasing Cosmos (ATOM) As soon as you have found Cosmos (ATOM), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to create our Limit Order. The “Price” field will be automatically filled with the up-to-date valuation Cosmos (ATOM) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of ATOM you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll 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 Vendor sells their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended time frame. In order to withdraw your Cosmos (ATOM), go to the “Funds” tab and click on “Withdraw”. Cosmos (ATOM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Drop in the volumen of Cosmos (ATOM) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.