A Step-by-Step-Guide on how to buy Infinitecoin (IFC)
Step 1 – Join Kraken You'll first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Infinitecoin (IFC) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Infinitecoin (IFC) As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate purchasing and trading. To buy Infinitecoin (IFC) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot Infinitecoin (IFC), you'll need to put the shortname of the coin (IFC) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “IFC/BTC” to advance.
Step 4 – Buying Infinitecoin (IFC) Once you have found Infinitecoin (IFC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent price Infinitecoin (IFC) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of IFC you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of IFC. If you are happy, make a mouse click on “Buy IFC”. Your order will be filled when a Vendor trades their IFC for the price you offered.
Step 5 – Withdraw Infinitecoin (IFC) Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Infinitecoin (IFC), go to the ”Funds” tab and mouse click on “Withdraw”. Infinitecoin (IFC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Infinitecoin (IFC) by using the provided drop-down box. Enter the amount of Infinitecoin (IFC) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via email/phone before a take off.