A Step-by-Step-Guide on how to buy InsurePal (IPL)
Step 1 – Signup to CEX.io You will first need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. InsurePal (IPL) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (IPL) InsurePal As soon as your deposit has been verified, you'll now have access to your funds and you can start buying and trading. To invest in (IPL) InsurePal on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate (IPL) InsurePal, you'll need to put the short name of the asset (IPL) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we have marked this also. Click on “IPL/BTC” to proceed.
Step 4 – Buying InsurePal (IPL) Once you've spotted InsurePal (IPL), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date rate InsurePal (IPL) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of IPL you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of IPL. When you're happy, make a mouse click on “Buy IPL”. Your order will be filled when a Vendor trades their IPL for the price you introduced.
Step 5 – Withdraw InsurePal (IPL) Unless you are frequently trading, never keep your crypto coins on an Exchange for an longer time period. In order to withdraw your InsurePal (IPL), go to the ”Funds” tab and click on “Withdraw”. InsurePal (IPL) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate InsurePal (IPL) by using the provided drop-down box. Put into the quantity of InsurePal (IPL) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.