A Step-by-Step-Guide on how to buy Komodo (KMD)
Step 1 – Join CEX.io You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Komodo (KMD) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (KMD) Komodo Once your deposit has been approved, you'll instantly have access to your funds and you can initiate purchasing and trading. To purchase (KMD) Komodo on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate (KMD) Komodo, you'll need to insert the shortname of the coin (KMD) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've highlighted this also. Click on “KMD/BTC” to go on.
Step 4 – Buying (KMD) Komodo After you have located (KMD) Komodo, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (KMD) Komodo was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of KMD you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of KMD. If you're satisfied, click on “Buy KMD”. Your order will be filled when a Vender sells their KMD for the price you gave.
Step 5 – Withdraw Komodo (KMD) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Komodo (KMD), hover over the ”Funds” tab and click on “Withdraw”. Komodo (KMD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Komodo (KMD) by using the provided drop-down box. Put into the quantity of Komodo (KMD) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.