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.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Insolar (XNS) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Insolar (XNS)

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start purchasing and trading. To buy Insolar (XNS) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover Insolar (XNS), you'll need to put the short name of the asset (XNS) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've marked this also. Click on “XNS/BTC” to progress.

Step 4 – Buy Insolar (XNS)

After you have discovered 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). Next we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation Insolar (XNS) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of XNS you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of XNS.

When you are happy, make a mouse click on “Buy XNS”. Your order will be filled when a Vender sells their XNS for the price you offered.

Step 5 – Withdraw Insolar (XNS)

Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Insolar (XNS), go to the tab called “Funds” and mouse click on “Withdraw”. Insolar (XNS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Insolar (XNS) by using the provided drop-down box. Drop in the volumen of Insolar (XNS) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.