A Step-by-Step-Guide on how to buy IOST (IOST)
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive Funds.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. IOST (IOST) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find IOST (IOST) Once your deposit has been verified, you will now have access to your finances and you can launch purchasing and trading. To invest in IOST (IOST) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To find IOST (IOST), you will need to put the shortname of the coin (IOST) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “IOST/BTC” to continue.
Step 4 – Buying IOST (IOST) As soon as you've discovered IOST (IOST), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff IOST (IOST) was sold for. You can change this to your desired price. The ”Amount” field is the amount of IOST you like to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete quantity of IOST. When you are glad, click on “Buy IOST”. Your plan will be filled as soon as a Vendor sells their IOST for the price you gave.
Step 5 – Withdraw IOST (IOST) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your IOST (IOST), go to the tab called “Funds” and click on “Withdraw”. IOST (IOST) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate IOST (IOST) by using the given drop-down box. Drop in the amount of IOST (IOST) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You may be requested for phone/email verification ahead of a take off.