How to Buy Komodo (KMD) in Anguilla

A Step-by-Step-Guide on how to buy Komodo (KMD) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Komodo (KMD) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Komodo (KMD)

As soon as your deposit has been affirmed, you'll directly have access to your finances and you can initiate buying and trading. To purchase Komodo (KMD) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot Komodo (KMD), you'll need to put the short name of the asset (KMD) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “KMD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Komodo (KMD)
Step 4 – Purchase Komodo (KMD)

Once you've spotted Komodo (KMD), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price Komodo (KMD) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of KMD you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of KMD.

When you're satisfied, click on “Buy KMD”. Your plan will be filled when a Seller sells their KMD for the price you introduced.

Step 5 – Withdraw Komodo (KMD)

Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. In order to take off your Komodo (KMD), hover over the ”Funds” tab and click on “Withdraw”. Komodo (KMD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Komodo (KMD) by using the given drop-down box. Drop in the amount of Komodo (KMD) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Kudos! You've successfully bought and safed Komodo (KMD) in Anguilla.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the Komodo (KMD) is stored inside your wallet, you are all done.

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