A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Anguilla
Step 1 – Join Coinmama You will first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Cosmos (ATOM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Cosmos (ATOM) As soon as your deposit has been approved, you will directly have access to your finances and you can commence buying and trading. To purchase Cosmos (ATOM) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To discover Cosmos (ATOM), you will need to put the short name of the asset (ATOM) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “ATOM/BTC” to go on.
Step 4 – Purchase Cosmos (ATOM) After you've discovered Cosmos (ATOM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most latest rate Cosmos (ATOM) was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of ATOM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of ATOM. When you're happy, make a mouse click on “Buy ATOM”. Your order will be filled as soon as a Vender trades their ATOM for the price you submitted.
Step 5 – Withdraw Cosmos (ATOM) Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer period of time. To take off your Cosmos (ATOM), go to the tab called “Funds” and click on “Withdraw”. Cosmos (ATOM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Cosmos (ATOM) by using the given drop-down box. Put into the amount of Cosmos (ATOM) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.
Congratulations! You've successfully purchased and safed Cosmos (ATOM) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Cosmos (ATOM) is stored within your wallet, you're done.
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