A Step-by-Step-Guide on how to buy ICON (ICX)
Step 1 – Join Kraken You will first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. ICON (ICX) 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? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate ICON (ICX) Once your deposit has been affirmed, you will directly have access to your finances and you can start purchasing and trading. To invest in ICON (ICX) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate ICON (ICX), you will need to put the short name of the asset (ICX) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this also. Click on “ICX/BTC” to continue.
Step 4 – Purchasing ICON (ICX) After you've located ICON (ICX), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff ICON (ICX) was sold for. You can change this to your desired price. The ”Amount” field is the amount of ICX you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of ICX. When you are satisfied, make a mouse click on “Buy ICX”. Your plan will be filled when a Vender sells their ICX for the price you submitted.
Step 5 – Withdraw ICON (ICX) Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time frame. To withdraw your ICON (ICX), go to the tab called “Funds” and click on “Withdraw”. ICON (ICX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate ICON (ICX) by using the given drop-down box. Enter the quantity of ICON (ICX) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.