A Step-by-Step-Guide on how to buy Cosmos (ATOM)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Cosmos (ATOM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (ATOM) Cosmos As soon as your deposit has been verified, you'll immediately have access to your funds and you can start purchasing and trading. To purchase (ATOM) Cosmos on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate (ATOM) Cosmos, you'll need to insert the shortname of the coin (ATOM) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “ATOM/BTC” to advance.
Step 4 – Buying (ATOM) Cosmos After you have spotted (ATOM) Cosmos, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the latest price (ATOM) Cosmos was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of ATOM you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of ATOM. When you are glad, click on “Buy ATOM”. Your order will be filled as soon as a Seller trades their ATOM for the price you introduced.
Step 5 – Withdraw Cosmos (ATOM) Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. To withdraw your Cosmos (ATOM), go to the tab called “Funds” and mouse click on “Withdraw”. Cosmos (ATOM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the provided drop-down box. Put into the amount of Cosmos (ATOM) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone before a take off.