How to Buy Injective Protocol (INJ)

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).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has 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 illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find Injective Protocol (INJ)

Once your deposit has been affirmed, you will immediately have access to your funds and you can start purchasing and trading. To invest in Injective Protocol (INJ) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find Injective Protocol (INJ), you will need to insert the short name of the asset (INJ) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've marked this also. Click on “INJ/BTC” to continue.

Binance Hot To Buy Injective Protocol (INJ)
Binance How to Buy (INJ) Injective Protocol
Step 4 – Acquisition of Injective Protocol (INJ)

As soon as you've located Injective Protocol (INJ), you will 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 going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date price Injective Protocol (INJ) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of INJ you want to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of INJ.

If you're glad, click on “Buy INJ”. Your order will be filled when a Vendor trades their INJ for the price you introduced.

Step 5 – Withdraw Injective Protocol (INJ)

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To take off your Injective Protocol (INJ), hover over the ”Funds” tab and click on “Withdraw”. Injective Protocol (INJ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Injective Protocol (INJ) by using the given drop-down box. Enter the amount of Injective Protocol (INJ) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and safed Injective Protocol (INJ).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (INJ) Injective Protocol is safe inside your wallet, you are done.

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