How to Buy Ink Protocol (XNK)

A Step-by-Step-Guide on how to buy Ink Protocol (XNK)

Step 1 – Signup to CEX.io

You will first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Ink Protocol (XNK) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find Ink Protocol (XNK)

As soon as your deposit has been verified, you will directly have access to your finances and you can initiate invest and trading. To purchase Ink Protocol (XNK) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover Ink Protocol (XNK), you will need to put the short name of the asset (XNK) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “XNK/BTC” to proceed.

Binance Hot To Buy Ink Protocol (XNK)
Binance How to Buy (XNK) Ink Protocol
Step 4 – Purchasing Ink Protocol (XNK)

After you've found Ink Protocol (XNK), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest price Ink Protocol (XNK) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XNK you want to purchase. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of XNK.

When you are glad, make a mouse click on “Buy XNK”. Your plan will be filled when a Vender trades their XNK for the price you gave.

Step 5 – Withdraw (XNK) Ink Protocol

Unless you're frequently trading, never keep your coins on an Exchange for an extensive time period. To take off your (XNK) Ink Protocol, hover over the ”Funds” tab and click on “Withdraw”. (XNK) Ink Protocol can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XNK) Ink Protocol by using the given drop-down box. Put into the volumen of (XNK) Ink Protocol you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed Ink Protocol (XNK).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Ink Protocol (XNK) is stored within your wallet, you're done.