A Step-by-Step-Guide on how to buy Injective Protocol (INJ)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Injective Protocol (INJ) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (INJ) Injective Protocol As soon as your deposit has been confirmed, you will directly have access to your finances and you can launch purchasing and trading. To purchase (INJ) Injective Protocol on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find (INJ) Injective Protocol, you will need to put the short name of the asset (INJ) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “INJ/BTC” to go ahead.
Step 4 – Buy Injective Protocol (INJ) As soon as you have found Injective Protocol (INJ), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the recent rate Injective Protocol (INJ) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of INJ you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of INJ. If you are satisfied, make a mouse click on “Buy INJ”. Your order will be filled as soon as a Seller trades their INJ for the price you submitted.
Step 5 – Withdraw Injective Protocol (INJ) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To take off your Injective Protocol (INJ), go to the tab called “Funds” and mouse click on “Withdraw”. Injective Protocol (INJ) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Injective Protocol (INJ) by using the given drop-down box. Put into the amount of Injective Protocol (INJ) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.