A Step-by-Step-Guide on how to buy Cobinhood (COB)
Step 1 – Join CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Cobinhood (COB) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Cobinhood (COB) Once your deposit has been affirmed, you will instantly have access to your assets and you can commence invest and trading. To buy Cobinhood (COB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find Cobinhood (COB), you'll need to put the shortname of the coin (COB) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “COB/BTC” to continue.
Step 4 – Purchase Cobinhood (COB) After you have located Cobinhood (COB), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Cobinhood (COB) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of COB you want to purchase. The ”Total” field is the total price in BTC that you will settle for the complete quantity of COB. When you're glad, click on “Buy COB”. Your order will be filled when a Vender sells their COB for the price you submitted.
Step 5 – Withdraw Cobinhood (COB) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your Cobinhood (COB), hover over the ”Funds” tab and mouse click on “Withdraw”. Cobinhood (COB) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cobinhood (COB) by using the provided drop-down box. Enter the quantity of Cobinhood (COB) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.