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 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has 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 funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate ICON (ICX) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can initiate invest and trading. To buy ICON (ICX) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To find ICON (ICX), you will need to insert the short name of the asset (ICX) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “ICX/BTC” to advance.
Step 4 – Purchasing ICON (ICX) As soon as you have located ICON (ICX), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff ICON (ICX) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of ICX you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of ICX. If you're glad, make a mouse click on “Buy ICX”. Your order will be filled as soon as a Vendor sells their ICX for the price you submitted.
Step 5 – Withdraw ICON (ICX) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended period of time. To take off your ICON (ICX), go to the tab called “Funds” and click on “Withdraw”. ICON (ICX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find ICON (ICX) by using the given drop-down box. Enter the quantity of ICON (ICX) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.