A Step-by-Step-Guide on how to buy Wownero (WOW)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10$.
Step 2 – Transfer Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Wownero (WOW) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Wownero (WOW) As soon as your deposit has been verified, you will directly have access to your funds and you can begin buying and trading. To buy Wownero (WOW) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find Wownero (WOW), you will need to insert the short name of the asset (WOW) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we've highlighted this also. Click on “WOW/BTC” to go on.
Step 4 – Purchase Wownero (WOW) As soon as you've found Wownero (WOW), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Wownero (WOW) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of WOW you want to buy. The ”Total” field is the total price in BTC that you'll pay for the whole amount of WOW. When you are glad, click on “Buy WOW”. Your order will be filled when a Vendor sells their WOW for the price you submitted.
Step 5 – Withdraw (WOW) Wownero Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to withdraw your (WOW) Wownero, hover over the tab called “Funds” and mouse click on “Withdraw”. (WOW) Wownero can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (WOW) Wownero by using the provided drop-down box. Enter the quantity of (WOW) Wownero you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be requested for email/phone verification before a withdrawal.