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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. IOST (IOST) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find IOST (IOST) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in IOST (IOST) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate IOST (IOST), you'll need to insert the shortname of the coin (IOST) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “IOST/BTC” to proceed.
Step 4 – Acquisition of IOST (IOST) As soon as you've discovered IOST (IOST), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate IOST (IOST) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of IOST you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of IOST. If you're happy, make a mouse click on “Buy IOST”. Your order will be filled when a Seller sells their IOST for the price you introduced.
Step 5 – Withdraw IOST (IOST) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. To withdraw your IOST (IOST), go to the ”Funds” tab and mouse click on “Withdraw”. IOST (IOST) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find IOST (IOST) by using the given drop-down box. Drop in the quantity of IOST (IOST) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.
Congrats! You've successfully purchased and stored IOST (IOST).That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (IOST) IOST is stored in your wallet, you're finished.
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