How to Buy Insolar (XNS)

A Step-by-Step-Guide on how to buy Insolar (XNS)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Insolar (XNS) 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? (Follow this how-to)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate Insolar (XNS)

As soon as your deposit has been verified, you'll directly have access to your funds and you can initiate buying and trading. To buy Insolar (XNS) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot Insolar (XNS), you will need to insert the shortname of the coin (XNS) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this too. Click on “XNS/BTC” to go on.

Binance Hot To Buy Insolar (XNS)
Binance How to Buy (XNS) Insolar
Step 4 – Buy Insolar (XNS)

Once you have found Insolar (XNS), you'll 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 creating our own Limit Order.

The ”Price” field will be automatically filled with the most latest price Insolar (XNS) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of XNS you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of XNS.

When you're satisfied, click on “Buy XNS”. Your plan will be filled when a Seller sells their XNS for the price you submitted.

Step 5 – Withdraw Insolar (XNS)

Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your Insolar (XNS), go to the tab called “Funds” and mouse click on “Withdraw”. Insolar (XNS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Insolar (XNS) by using the given drop-down box. Drop in the volumen of Insolar (XNS) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Binance Withdraw

Congratulations! You have successfully bought and safed Insolar (XNS).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the (XNS) Insolar is safe inside your wallet, you are all done.

Some other Guides on How to buy Coins

How to Buy Xenon
How to Buy Doch Coin
How to Buy Coins
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