A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Reunion
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your welcome $10.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need 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 sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Cosmos (ATOM) Once your deposit has been confirmed, you will now have access to your finances and you can initiate purchasing and trading. To purchase Cosmos (ATOM) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate Cosmos (ATOM), you'll need to insert the cointype (ATOM) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “ATOM/BTC” to progress.
Step 4 – Buying Cosmos (ATOM) Once you've spotted (ATOM) Cosmos, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The “Price” field will be filled with the most up-to-date tariff Cosmos (ATOM) was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of ATOM you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of ATOM. If you are happy, make a mouse click on “Buy ATOM”. Your order will be filled when a Vendor trades their ATOM for the price you introduced.
Step 5 – Withdraw Cosmos (ATOM) Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your Cosmos (ATOM), hover over the tab called “Funds” and mouse click on “Withdraw”. (ATOM) Cosmos can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the provided drop-down box. Drop in the quantity of (ATOM) Cosmos you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.