How to Buy Koinon (KOIN) in Austria

A Step-by-Step-Guide on how to buy Koinon (KOIN) in Austria

Step 1 – Signup to Coinmama

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your Bitcoin or Ethereum.

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Koinon (KOIN) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

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, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {Koinon (KOIN)|(KOIN) Koinon}

Once your deposit has been approved, you will instantly have access to your funds and you can initiate buying and trading. To buy {Koinon (KOIN)|(KOIN) Koinon} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To spot {Koinon (KOIN)|(KOIN) Koinon}, you will need to insert the cointype (KOIN) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've marked this too. Click on “KOIN/BTC” to advance.

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

After you've found {Koinon (KOIN)|(KOIN) Koinon}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our Limit Order.

The ”Price” field will be filled with the most up-to-date price {Koinon (KOIN)|(KOIN) Koinon} was sold for. You can change this to your preferred price. The ”Amount” field is the amount of KOIN you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole amount of KOIN.

When you're satisfied, make a mouse click on “Buy KOIN”. Your order will be filled when a Vendor sells their KOIN for the price you offered.

Step 5 – Withdraw {Koinon (KOIN)|(KOIN) Koinon}

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your {Koinon (KOIN)|(KOIN) Koinon}, go to the ”Funds” tab and mouse click on “Withdraw”. {Koinon (KOIN)|(KOIN) Koinon} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Koinon (KOIN)|(KOIN) Koinon} by using the given drop-down box. Drop in the amount of {Koinon (KOIN)|(KOIN) Koinon} you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and stored Koinon (KOIN) in Austria.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Koinon (KOIN)|(KOIN) Koinon} is safe inside your wallet, you're all done.

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