How to Buy Komodo (KMD) in Anguilla

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

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Komodo (KMD) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find {Komodo (KMD)|(KMD) Komodo}

Once your deposit has been affirmed, you'll now have access to your finances and you can launch invest and trading. To purchase {Komodo (KMD)|(KMD) Komodo} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to find {Komodo (KMD)|(KMD) Komodo}, you'll need to put the short name of the asset (KMD) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've highlighted 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 – Purchasing {Komodo (KMD)|(KMD) Komodo}

Once you've found {Komodo (KMD)|(KMD) Komodo}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate {Komodo (KMD)|(KMD) Komodo} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of KMD you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of KMD.

If you're happy, click on “Buy KMD”. Your order will be filled when a Vender trades their KMD for the price you gave.

Step 5 – Withdraw {Komodo (KMD)|(KMD) Komodo}

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive period of time. To take off your {Komodo (KMD)|(KMD) Komodo}, go to the tab called “Funds” and mouse click on “Withdraw”. {Komodo (KMD)|(KMD) Komodo} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Komodo (KMD)|(KMD) Komodo} by using the given drop-down box. Drop in the amount of {Komodo (KMD)|(KMD) Komodo} you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You've successfully bought and stored Komodo (KMD) in Anguilla.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the {Komodo (KMD)|(KMD) Komodo} is stored within your wallet, you're all done.

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