A Step-by-Step-Guide on how to buy Index Cooperative (INDEX)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Index Cooperative (INDEX) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Index Cooperative (INDEX) Once your deposit has been confirmed, you will now have access to your funds and you can initiate purchasing and trading. To purchase Index Cooperative (INDEX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To discover Index Cooperative (INDEX), you will need to insert the cointype (INDEX) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “INDEX/BTC” to go ahead.
Step 4 – Buying Index Cooperative (INDEX) After you have located Index Cooperative (INDEX), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the latest tariff Index Cooperative (INDEX) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of INDEX you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of INDEX. If you're happy, click on “Buy INDEX”. Your plan will be filled as soon as a Seller trades their INDEX for the price you offered.
Step 5 – Withdraw Index Cooperative (INDEX) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time frame. To take off your Index Cooperative (INDEX), go to the ”Funds” tab and click on “Withdraw”. Index Cooperative (INDEX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Index Cooperative (INDEX) by using the provided drop-down box. Enter the quantity of Index Cooperative (INDEX) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via email/phone before a take off.