How to Buy Komodo (KMD) in Armenia

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

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. 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 Crypto Trader? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

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

Once your deposit has been verified, you will directly have access to your finances and you can begin invest and trading. To purchase {Komodo (KMD)|(KMD) Komodo} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to locate {Komodo (KMD)|(KMD) Komodo}, you will need to insert the shortname of the coin (KMD) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “KMD/BTC” to advance.

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

As soon as you've located {Komodo (KMD)|(KMD) Komodo}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff {Komodo (KMD)|(KMD) Komodo} was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of KMD you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of KMD.

When you are happy, make a mouse click on “Buy KMD”. Your plan will be filled as soon as a Vender sells their KMD for the price you submitted.

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

Unless you're trading, you should never keepyour crypto on an Exchange for an longer time period. In order 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 stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Komodo (KMD)|(KMD) Komodo} by using the provided drop-down box. Enter the quantity of {Komodo (KMD)|(KMD) Komodo} you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You could be asked for phone/email verification before a take off.

Kudos! You have successfully purchased and stored Komodo (KMD) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Komodo (KMD)|(KMD) Komodo} is stored within your wallet, you're finished.

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