How to Buy iETH (IETH)

A Step-by-Step-Guide on how to buy iETH (IETH)

Step 1 – Signup to Kraken

You'll first need to purchase units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. iETH (IETH) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find iETH (IETH)

Once your deposit has been verified, you will instantly have access to your assets and you can initiate buying and trading. To buy iETH (IETH) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To find iETH (IETH), you'll need to insert the short name of the asset (IETH) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “IETH/BTC” to go on.

Binance Hot To Buy iETH (IETH)
Binance How to Buy (IETH) iETH
Step 4 – Purchasing iETH (IETH)

Once you've located iETH (IETH), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate iETH (IETH) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of IETH you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of IETH.

If you are satisfied, click on “Buy IETH”. Your order will be filled when a Vender sells their IETH for the price you offered.

Step 5 – Withdraw iETH (IETH)

Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time period. To withdraw your iETH (IETH), hover over the ”Funds” tab and click on “Withdraw”. iETH (IETH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate iETH (IETH) by using the given drop-down box. Enter the volumen of iETH (IETH) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Binance Withdraw

Kudos! You've successfully purchased and stored iETH (IETH).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (IETH) iETH is stored within your wallet, you're all done.

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