A Step-by-Step-Guide on how to buy Kolin (KOLIN)
Step 1 – Signup to CEX.io You'll first need to buy units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Kolin (KOLIN) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Kolin (KOLIN) As soon as your deposit has been confirmed, you'll now have access to your finances and you can commence purchasing and trading. To buy Kolin (KOLIN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover Kolin (KOLIN), you'll need to put the cointype (KOLIN) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have highlighted this too. Click on “KOLIN/BTC” to go ahead.
Step 4 – Purchase Kolin (KOLIN) After you've spotted Kolin (KOLIN), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Kolin (KOLIN) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of KOLIN you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of KOLIN. When you are happy, make a mouse click on “Buy KOLIN”. Your plan will be filled when a Seller trades their KOLIN for the price you submitted.
Step 5 – Withdraw Kolin (KOLIN) Unless you are regularly trading, best advise is not to keep coins on an Exchange for an extended period of time. In order to take off your Kolin (KOLIN), go to the tab called “Funds” and click on “Withdraw”. Kolin (KOLIN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Kolin (KOLIN) by using the given drop-down box. Put into the volumen of Kolin (KOLIN) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.