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 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Insolar (XNS) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Insolar (XNS)

Once your deposit has been verified, you will directly have access to your assets and you can start purchasing and trading. To invest in Insolar (XNS) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

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

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

After you have discovered Insolar (XNS), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff Insolar (XNS) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of XNS you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of XNS.

When you are satisfied, make a mouse click on “Buy XNS”. Your order will be filled as soon as a Vendor trades their XNS for the price you gave.

Step 5 – Withdraw Insolar (XNS)

Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. In order to withdraw your Insolar (XNS), go to the tab called “Funds” and mouse click on “Withdraw”. Insolar (XNS) can be safely stored 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 wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and safed Insolar (XNS).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (XNS) Insolar is safe inside your wallet, you're done.

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