A Step-by-Step-Guide on how to buy Dowcoin (DOW)
Step 1 – Join CEX.io 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 to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Dowcoin (DOW) is obtainable on Binance, so we're going to 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 chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Dowcoin (DOW) Once your deposit has been confirmed, you will instantly have access to your assets and you can initiate invest and trading. To invest in Dowcoin (DOW) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To locate Dowcoin (DOW), you will need to insert the shortname of the coin (DOW) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this also. Click on “DOW/BTC” to advance.
Step 4 – Buy Dowcoin (DOW) Once you've located Dowcoin (DOW), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent price Dowcoin (DOW) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of DOW you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of DOW. When you are happy, make a mouse click on “Buy DOW”. Your plan will be filled when a Seller trades their DOW for the price you submitted.
Step 5 – Withdraw Dowcoin (DOW) Unless you are frequently trading, never keep your crypto on an Exchange for an extensive period of time. In order to withdraw your Dowcoin (DOW), hover over the tab called “Funds” and mouse click on “Withdraw”. Dowcoin (DOW) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dowcoin (DOW) by using the provided drop-down box. Drop in the quantity of Dowcoin (DOW) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.