A Step-by-Step-Guide on how to buy KINGSCOIN (KGS)
Step 1 – Join CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. KINGSCOIN (KGS) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find KINGSCOIN (KGS) As soon as your deposit has been verified, you will immediately have access to your funds and you can start purchasing and trading. To purchase KINGSCOIN (KGS) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to discover KINGSCOIN (KGS), you will need to put the cointype (KGS) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “KGS/BTC” to continue.
Step 4 – Acquisition of KINGSCOIN (KGS) After you have found KINGSCOIN (KGS), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order. The ”Price” field will be automatically filled with the recent valuation KINGSCOIN (KGS) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of KGS you like to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of KGS. When you're satisfied, click on “Buy KGS”. Your order will be filled as soon as a Vender sells their KGS for the price you submitted.
Step 5 – Withdraw KINGSCOIN (KGS) Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. In order to take off your KINGSCOIN (KGS), hover over the ”Funds” tab and click on “Withdraw”. KINGSCOIN (KGS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate KINGSCOIN (KGS) by using the given drop-down box. Enter the volumen of KINGSCOIN (KGS) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.