Skip to content Skip to footer

How to Buy Komodo (KMD)

A Step-by-Step-Guide on how to buy Komodo (KMD)

Step 1 – Signup to CEX.io

You will first need to purchase units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Komodo (KMD) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Komodo (KMD)

As soon as your deposit has been verified, you will instantly have access to your assets and you can initiate purchasing and trading. To invest in Komodo (KMD) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate Komodo (KMD), you will need to insert the short name of the asset (KMD) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “KMD/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Komodo (KMD)
Step 4 – Buy Komodo (KMD)

Once you have discovered Komodo (KMD), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate Komodo (KMD) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of KMD you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of KMD.

If you're satisfied, make a mouse click on “Buy KMD”. Your plan will be filled when a Vendor sells their KMD for the price you gave.

Step 5 – Withdraw Komodo (KMD)

Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. To take off your Komodo (KMD), hover over the tab called “Funds” and click on “Withdraw”. Komodo (KMD) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Komodo (KMD) by using the given drop-down box. Drop in the volumen of Komodo (KMD) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and stored Komodo (KMD).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Komodo (KMD) is safe in your wallet, you're done.

Some other Guides on How to buy different Altcoins

How to Buy IdeaChain
How to Buy Data Saver Coin
How to Buy Altcoins