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).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. iETH (IETH) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find iETH (IETH) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can start invest and trading. To purchase iETH (IETH) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover iETH (IETH), you will need to insert the cointype (IETH) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this also. Click on “IETH/BTC” to continue.
Step 4 – Purchase iETH (IETH) After you have discovered iETH (IETH), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most latest rate iETH (IETH) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of IETH you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of IETH. When you are happy, make a mouse click on “Buy IETH”. Your plan will be filled when a Seller trades their IETH for the price you submitted.
Step 5 – Withdraw iETH (IETH) Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your iETH (IETH), hover over the tab called “Funds” and mouse click on “Withdraw”. iETH (IETH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find iETH (IETH) by using the provided drop-down box. Put into the volumen of iETH (IETH) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.
Kudos! You have successfully purchased and stored iETH (IETH).That's it! Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (IETH) iETH is safe inside your wallet, you're all done.
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