A Step-by-Step-Guide on how to buy CoffeeCoin (COF)
Step 1 – Join CEX.io You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. CoffeeCoin (COF) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (COF) CoffeeCoin As soon as your deposit has been verified, you will now have access to your finances and you can initiate invest and trading. To buy (COF) CoffeeCoin on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To find (COF) CoffeeCoin, you will need to put the short name of the asset (COF) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “COF/BTC” to continue.
Step 4 – Purchasing CoffeeCoin (COF) As soon as you have located CoffeeCoin (COF), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff CoffeeCoin (COF) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of COF you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of COF. If you are glad, click on “Buy COF”. Your order will be filled as soon as a Vender sells their COF for the price you submitted.
Step 5 – Withdraw CoffeeCoin (COF) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended time period. In order to withdraw your CoffeeCoin (COF), go to the tab called “Funds” and click on “Withdraw”. CoffeeCoin (COF) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find CoffeeCoin (COF) by using the provided drop-down box. Enter the volumen of CoffeeCoin (COF) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.