How to Buy WOM Protocol (WOM) in Australia

A Step-by-Step-Guide on how to buy WOM Protocol (WOM) in Australia

Step 1 – Signup to Coinmama

You will first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. WOM Protocol (WOM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {WOM Protocol (WOM)|(WOM) WOM Protocol}

Once your deposit has been approved, you'll instantly have access to your funds and you can start invest and trading. To purchase {WOM Protocol (WOM)|(WOM) WOM Protocol} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot {WOM Protocol (WOM)|(WOM) WOM Protocol}, you'll need to insert the short name of the asset (WOM) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this also. Click on “WOM/BTC” to proceed.

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

As soon as you've spotted {WOM Protocol (WOM)|(WOM) WOM Protocol}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order.

The ”Price” field will be filled automatically with the most latest valuation {WOM Protocol (WOM)|(WOM) WOM Protocol} was sold for. You can change this to your favoured price. The ”Amount” field is the volumen of WOM you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of WOM.

When you're happy, click on “Buy WOM”. Your plan will be filled as soon as a Seller sells their WOM for the price you offered.

Step 5 – Withdraw {WOM Protocol (WOM)|(WOM) WOM Protocol}

Unless you're trading, best advise is not to keep your crypto on an Exchange for an extensive time frame. In order to take off your {WOM Protocol (WOM)|(WOM) WOM Protocol}, hover over the tab called “Funds” and mouse click on “Withdraw”. {WOM Protocol (WOM)|(WOM) WOM Protocol} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {WOM Protocol (WOM)|(WOM) WOM Protocol} by using the provided drop-down box. Enter the quantity of {WOM Protocol (WOM)|(WOM) WOM Protocol} you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully bought and stored WOM Protocol (WOM) in Australia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {WOM Protocol (WOM)|(WOM) WOM Protocol} is stored within your wallet, you are finished.

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