A Step-by-Step-Guide on how to buy Covalent (COVA)
Step 1 – Join CEX.io You will first need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Covalent (COVA) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum 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 how-to).
Step 3 – Locate Covalent (COVA) Once your deposit has been verified, you'll directly have access to your finances and you can commence buying and trading. To purchase Covalent (COVA) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover Covalent (COVA), you will need to put the cointype (COVA) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we've highlighted this too. Click on “COVA/BTC” to proceed.
Step 4 – Purchasing Covalent (COVA) Once you've spotted Covalent (COVA), you will 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're creating our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff Covalent (COVA) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of COVA you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of COVA. If you're satisfied, make a mouse click on “Buy COVA”. Your order will be filled when a Seller sells their COVA for the price you introduced.
Step 5 – Withdraw Covalent (COVA) Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Covalent (COVA), go to the ”Funds” tab and click on “Withdraw”. Covalent (COVA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Covalent (COVA) by using the given drop-down box. Enter the quantity of Covalent (COVA) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.