How to Buy iBank (IBANK)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive Funds.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. iBank (IBANK) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate iBank (IBANK)

Once your deposit has been approved, you'll directly have access to your finances and you can initiate invest and trading. To purchase iBank (IBANK) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To locate iBank (IBANK), you'll need to put the short name of the asset (IBANK) into the search box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “IBANK/BTC” to go on.

Step 4 – Purchase iBank (IBANK)

After you've discovered iBank (IBANK), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff iBank (IBANK) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of IBANK you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of IBANK.

When you're satisfied, click on “Buy IBANK”. Your order will be filled as soon as a Seller sells their IBANK for the price you gave.

Step 5 – Withdraw iBank (IBANK)

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. To take off your iBank (IBANK), go to the tab called “Funds” and click on “Withdraw”. iBank (IBANK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find iBank (IBANK) by using the provided drop-down box. Enter the quantity of iBank (IBANK) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

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