A Step-by-Step-Guide on how to buy Dowcoin (DOW)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Dowcoin (DOW) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Dowcoin (DOW) Once your deposit has been verified, you'll now have access to your finances and you can begin buying and trading. To purchase Dowcoin (DOW) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to find Dowcoin (DOW), you'll need to insert the short name of the asset (DOW) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this also. Click on “DOW/BTC” to continue.
Step 4 – Acquisition of (DOW) Dowcoin As soon as you've spotted (DOW) Dowcoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the latest price (DOW) Dowcoin was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of DOW you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of DOW. If you're happy, make a mouse click on “Buy DOW”. Your plan will be filled as soon as a Seller trades their DOW for the price you offered.
Step 5 – Withdraw (DOW) Dowcoin Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extended time period. To take off your (DOW) Dowcoin, go to the tab called “Funds” and click on “Withdraw”. (DOW) Dowcoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOW) Dowcoin by using the provided drop-down box. Drop in the volumen of (DOW) Dowcoin you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.