A Step-by-Step-Guide on how to buy ICON (ICX)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. ICON (ICX) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (ICX) ICON Once your deposit has been confirmed, you'll directly have access to your funds and you can launch invest and trading. To buy (ICX) ICON on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (ICX) ICON, you'll need to insert the short name of the asset (ICX) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “ICX/BTC” to advance.
Step 4 – Acquisition of ICON (ICX) As soon as you have located ICON (ICX), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff ICON (ICX) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of ICX you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of ICX. If you're happy, make a mouse click on “Buy ICX”. Your plan will be filled as soon as a Seller sells their ICX for the price you offered.
Step 5 – Withdraw (ICX) ICON Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your (ICX) ICON, go to the ”Funds” tab and mouse click on “Withdraw”. (ICX) ICON can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ICX) ICON by using the provided drop-down box. Enter the quantity of (ICX) ICON you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.