A Step-by-Step-Guide on how to buy Kobocoin (KOBO)
Step 1 – Join CEX.io You'll first need to buy one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Kobocoin (KOBO) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Kobocoin (KOBO) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can initiate purchasing and trading. To invest in Kobocoin (KOBO) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Kobocoin (KOBO), you will need to insert the cointype (KOBO) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've marked this too. Click on “KOBO/BTC” to advance.
Step 4 – Buying Kobocoin (KOBO) As soon as you've located Kobocoin (KOBO), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest price Kobocoin (KOBO) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of KOBO you wish to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of KOBO. When you're happy, click on “Buy KOBO”. Your order will be filled when a Seller sells their KOBO for the price you introduced.
Step 5 – Withdraw Kobocoin (KOBO) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off your Kobocoin (KOBO), hover over the ”Funds” tab and mouse click on “Withdraw”. Kobocoin (KOBO) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Kobocoin (KOBO) by using the provided drop-down box. Put into the amount of Kobocoin (KOBO) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.