A Step-by-Step-Guide on how to buy ICON (ICX)
Step 1 – Join CEX.io You will first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. ICON (ICX) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate ICON (ICX) Once your deposit has been verified, you will instantly have access to your assets and you can launch purchasing and trading. To buy ICON (ICX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find ICON (ICX), you will need to put the cointype (ICX) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this also. Click on “ICX/BTC” to proceed.
Step 4 – Purchasing ICON (ICX) As soon as you have discovered ICON (ICX), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price ICON (ICX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of ICX you like to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete volumen of ICX. If you're satisfied, click on “Buy ICX”. Your plan will be filled as soon as a Seller trades their ICX for the price you introduced.
Step 5 – Withdraw ICON (ICX) Unless you're regularly trading, never keep your coins on an Crypto Trader for an longer period of time. In order 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find ICON (ICX) by using the provided drop-down box. Put into the quantity of ICON (ICX) you'd wish to take off. Don't forget the presented 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 take off.