A Step-by-Step-Guide on how to buy Insolar (XNS)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Insolar (XNS) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Insolar (XNS) As soon as your deposit has been confirmed, you'll now have access to your assets and you can start purchasing and trading. To invest in Insolar (XNS) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To discover Insolar (XNS), you'll need to put the cointype (XNS) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this also. Click on “XNS/BTC” to progress.
Step 4 – Buying Insolar (XNS) After you've located Insolar (XNS), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price Insolar (XNS) was sold for. You can change this to your desired price. The ”Amount” field is the amount of XNS you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of XNS. If you are glad, make a mouse click on “Buy XNS”. Your plan will be filled as soon as a Vendor sells their XNS for the price you submitted.
Step 5 – Withdraw Insolar (XNS) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended period of time. To take off your Insolar (XNS), hover over the ”Funds” tab and mouse click on “Withdraw”. Insolar (XNS) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Insolar (XNS) by using the provided drop-down box. Enter the quantity of Insolar (XNS) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.