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 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. ICON (ICX) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate ICON (ICX) Once your deposit has been confirmed, you will immediately have access to your funds and you can launch invest and trading. To purchase ICON (ICX) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover ICON (ICX), you'll need to put the cointype (ICX) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “ICX/BTC” to progress.
Step 4 – Purchasing ICON (ICX) Once you have located ICON (ICX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation ICON (ICX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of ICX you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of ICX. If you are glad, make a mouse click on “Buy ICX”. Your plan will be filled as soon as a Vendor trades their ICX for the price you submitted.
Step 5 – Withdraw ICON (ICX) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your ICON (ICX), hover over 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 provided drop-down box. Enter the amount of ICON (ICX) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.