How to Buy CoomCoin (COOM) in Australia

A Step-by-Step-Guide on how to buy CoomCoin (COOM) in Australia

Step 1 – Join Coinmama

You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) 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 alike. CoomCoin (COOM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate {CoomCoin (COOM)|(COOM) CoomCoin}

Once your deposit has been affirmed, you will instantly have access to your assets and you can launch invest and trading. To buy {CoomCoin (COOM)|(COOM) CoomCoin} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To find {CoomCoin (COOM)|(COOM) CoomCoin}, you will need to insert the shortname of the coin (COOM) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click on “COOM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} CoomCoin (COOM)
Step 4 – Purchasing {CoomCoin (COOM)|(COOM) CoomCoin}

Once you've located {CoomCoin (COOM)|(COOM) CoomCoin}, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled with the most latest rate {CoomCoin (COOM)|(COOM) CoomCoin} was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of COOM you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of COOM.

If you are glad, make a mouse click on “Buy COOM”. Your order will be filled as soon as a Vendor trades their COOM for the price you introduced.

Step 5 – Withdraw {CoomCoin (COOM)|(COOM) CoomCoin}

Unless you are trading, never keep your crypto coins on an Crypto Exchange for an extended time period. In order to take off your {CoomCoin (COOM)|(COOM) CoomCoin}, go to the tab called “Funds” and mouse click on “Withdraw”. {CoomCoin (COOM)|(COOM) CoomCoin} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {CoomCoin (COOM)|(COOM) CoomCoin} by using the provided drop-down box. Drop in the quantity of {CoomCoin (COOM)|(COOM) CoomCoin} you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Kudos! You have successfully bought and safed CoomCoin (COOM) in Australia.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the {CoomCoin (COOM)|(COOM) CoomCoin} is safe within your wallet, you are done.

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