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How to Buy CoffeeCoin (COF)

A Step-by-Step-Guide on how to buy CoffeeCoin (COF)

Step 1 – Signup to CEX.io

You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. CoffeeCoin (COF) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate CoffeeCoin (COF)

Once your deposit has been verified, you will immediately have access to your assets and you can start purchasing and trading. To purchase CoffeeCoin (COF) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To spot CoffeeCoin (COF), you will need to insert the short name of the asset (COF) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have marked this too. Click on “COF/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} CoffeeCoin (COF)
Step 4 – Buying CoffeeCoin (COF)

After you have spotted CoffeeCoin (COF), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent price CoffeeCoin (COF) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of COF you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of COF.

If you're glad, click on “Buy COF”. Your order will be filled when a Vender trades their COF for the price you offered.

Step 5 – Withdraw CoffeeCoin (COF)

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. To withdraw your CoffeeCoin (COF), go to the tab called “Funds” and mouse click on “Withdraw”. CoffeeCoin (COF) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate CoffeeCoin (COF) by using the provided drop-down box. Drop in the volumen of CoffeeCoin (COF) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congrats! You have successfully bought and safed CoffeeCoin (COF).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the CoffeeCoin (COF) is stored in your wallet, you're finished.

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