A Step-by-Step-Guide on how to buy I/O Coin (IOC)
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. I/O Coin (IOC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find I/O Coin (IOC) Once your deposit has been approved, you will immediately have access to your assets and you can launch purchasing and trading. To purchase I/O Coin (IOC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover I/O Coin (IOC), you will need to insert the short name of the asset (IOC) into the search box, which is marked in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “IOC/BTC” to advance.
Step 4 – Purchase I/O Coin (IOC) Once you have spotted I/O Coin (IOC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price I/O Coin (IOC) was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of IOC you wish to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole amount of IOC. When you're satisfied, click on “Buy IOC”. Your plan will be filled when a Vendor trades their IOC for the price you introduced.
Step 5 – Withdraw I/O Coin (IOC) Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To take off your I/O Coin (IOC), go to the tab called “Funds” and mouse click on “Withdraw”. I/O Coin (IOC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find I/O Coin (IOC) by using the given drop-down box. Enter the amount of I/O Coin (IOC) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.