A Step-by-Step-Guide on how to buy ION (ION)
Step 1 – Signup to Kraken You will first need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. ION (ION) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find ION (ION) Once your deposit has been affirmed, you will now have access to your funds and you can initiate invest and trading. To purchase ION (ION) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to locate ION (ION), you will need to insert the short name of the asset (ION) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “ION/BTC” to go on.
Step 4 – Purchasing ION (ION) As soon as you've discovered ION (ION), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price ION (ION) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of ION you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of ION. When you're glad, click on “Buy ION”. Your order will be filled as soon as a Vender trades their ION for the price you submitted.
Step 5 – Withdraw ION (ION) Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extensive period of time. To withdraw your ION (ION), hover over the ”Funds” tab and click on “Withdraw”. ION (ION) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ION (ION) by using the provided drop-down box. Put into the quantity of ION (ION) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You may be asked for email/phone verification before a take off.