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 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

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

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Komodo (KMD)

Once your deposit has been affirmed, you will instantly have access to your finances and you can commence purchasing and trading. To buy Komodo (KMD) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover Komodo (KMD), you will need to insert the short name of the asset (KMD) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have marked this also. Click on “KMD/BTC” to proceed.

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

As soon as you've discovered Komodo (KMD), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation Komodo (KMD) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of KMD you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of KMD.

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

Step 5 – Withdraw Komodo (KMD)

Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time period. In order to withdraw your Komodo (KMD), go to the ”Funds” tab and mouse click on “Withdraw”. Komodo (KMD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Komodo (KMD) by using the provided drop-down box. Drop in the quantity of Komodo (KMD) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congrats! You have successfully bought and stored Komodo (KMD) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the Komodo (KMD) is safe within your wallet, you are done.

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