A Step-by-Step-Guide on how to buy Injective Protocol (INJ)
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Injective Protocol (INJ) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Injective Protocol (INJ) Once your deposit has been confirmed, you will immediately have access to your finances and you can start invest and trading. To buy Injective Protocol (INJ) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover Injective Protocol (INJ), you will need to put the shortname of the coin (INJ) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “INJ/BTC” to continue.
Step 4 – Acquisition of Injective Protocol (INJ) After you've found Injective Protocol (INJ), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Injective Protocol (INJ) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of INJ you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole quantity of INJ. When you're glad, click on “Buy INJ”. Your plan will be filled as soon as a Vendor trades their INJ for the price you gave.
Step 5 – Withdraw Injective Protocol (INJ) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time frame. In order to withdraw your Injective Protocol (INJ), hover over the ”Funds” tab and mouse click on “Withdraw”. Injective Protocol (INJ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Injective Protocol (INJ) by using the given drop-down box. Enter the amount of Injective Protocol (INJ) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.