A Step-by-Step-Guide on how to buy iETH (IETH)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges usually 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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. iETH (IETH) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate iETH (IETH) Once your deposit has been affirmed, you will immediately have access to your finances and you can begin invest and trading. To purchase iETH (IETH) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot iETH (IETH), you will need to put the cointype (IETH) into the search box, which is highlighted in the picture. Be certain of having selected the proper grouping, we've highlighted this also. Click on “IETH/BTC” to progress.
Step 4 – Acquisition of (IETH) iETH After you have located (IETH) iETH, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price (IETH) iETH was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of IETH you want to buy. The ”Total” field is the whole price in BTC that you will settle for the whole amount of IETH. If you are happy, 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 coins on an Crypto Exchange for an extended time period. To take off your iETH (IETH), hover over the ”Funds” tab and click on “Withdraw”. iETH (IETH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iETH (IETH) by using the given drop-down box. Put into the amount of iETH (IETH) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.