A Step-by-Step-Guide on how to buy Cosmos (ATOM)
Step 1 – Join CEX.io You will first need to buy units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Cosmos (ATOM) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Cosmos (ATOM) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start invest and trading. To invest in Cosmos (ATOM) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover Cosmos (ATOM), you will need to put the cointype (ATOM) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this too. Click on “ATOM/BTC” to go on.
Step 4 – Purchasing Cosmos (ATOM) As soon as you've spotted Cosmos (ATOM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most latest rate Cosmos (ATOM) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ATOM you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of ATOM. If you are satisfied, click on “Buy ATOM”. Your plan will be filled when a Vender trades their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended time period. In order to take off your Cosmos (ATOM), go to the tab called “Funds” and mouse click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Cosmos (ATOM) by using the given drop-down box. Enter the quantity of Cosmos (ATOM) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.