A Step-by-Step-Guide on how to buy Cosmos (ATOM)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Cosmos (ATOM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Cosmos (ATOM) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can commence invest and trading. To invest in Cosmos (ATOM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot Cosmos (ATOM), you'll need to insert the cointype (ATOM) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this also. Click on “ATOM/BTC” to go on.
Step 4 – Buying (ATOM) Cosmos As soon as you've spotted (ATOM) Cosmos, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price (ATOM) Cosmos was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of ATOM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of ATOM. When you are glad, make a mouse click on “Buy ATOM”. Your plan will be filled when a Vendor sells their ATOM for the price you introduced.
Step 5 – Withdraw Cosmos (ATOM) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. To withdraw your Cosmos (ATOM), hover over the tab called “Funds” and mouse click on “Withdraw”. Cosmos (ATOM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Drop in the quantity of Cosmos (ATOM) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.