A Step-by-Step-Guide on how to buy WOM Protocol (WOM)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. WOM Protocol (WOM) is accessible 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 want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate WOM Protocol (WOM) Once your deposit has been approved, you'll now have access to your assets and you can launch invest and trading. To invest in WOM Protocol (WOM) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate WOM Protocol (WOM), you'll need to insert the cointype (WOM) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “WOM/BTC” to advance.
Step 4 – Acquisition of WOM Protocol (WOM) Once you have spotted WOM Protocol (WOM), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation WOM Protocol (WOM) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of WOM you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete amount of WOM. When you're satisfied, click on “Buy WOM”. Your order will be filled when a Vendor trades their WOM for the price you submitted.
Step 5 – Withdraw WOM Protocol (WOM) Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your WOM Protocol (WOM), hover over the tab called “Funds” and click on “Withdraw”. WOM Protocol (WOM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate WOM Protocol (WOM) by using the provided drop-down box. Enter the quantity of WOM Protocol (WOM) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.