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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Cobinhood (COB) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Cobinhood (COB) Once your deposit has been verified, you'll directly have access to your finances and you can launch invest and trading. To purchase Cobinhood (COB) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate Cobinhood (COB), you'll need to put the cointype (COB) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this too. Click on “COB/BTC” to proceed.
Step 4 – Buying Cobinhood (COB) As soon as you've spotted Cobinhood (COB), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Cobinhood (COB) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of COB you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of COB. When you are glad, make a mouse click on “Buy COB”. Your plan will be filled when a Vender sells their COB for the price you offered.
Step 5 – Withdraw Cobinhood (COB) Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. To take off your Cobinhood (COB), go to the tab called “Funds” and mouse click on “Withdraw”. Cobinhood (COB) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cobinhood (COB) by using the given drop-down box. Enter the volumen of Cobinhood (COB) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.