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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Dowcoin (DOW) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Dowcoin (DOW) Once your deposit has been affirmed, you will instantly have access to your assets and you can begin invest and trading. To buy Dowcoin (DOW) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot Dowcoin (DOW), you will need to put the cointype (DOW) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've marked this also. Click on “DOW/BTC” to progress.
Step 4 – Buy Dowcoin (DOW) As soon as you've spotted Dowcoin (DOW), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff Dowcoin (DOW) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of DOW you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of DOW. If you're satisfied, make a mouse click on “Buy DOW”. Your order will be filled as soon as a Vendor trades their DOW for the price you gave.
Step 5 – Withdraw Dowcoin (DOW) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. To withdraw your Dowcoin (DOW), go to the ”Funds” tab and mouse click on “Withdraw”. Dowcoin (DOW) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Dowcoin (DOW) by using the provided drop-down box. Drop in the quantity of Dowcoin (DOW) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.