How to Buy IoT Chain (ITC)

A Step-by-Step-Guide on how to buy IoT Chain (ITC)

Step 1 – Join Kraken

You'll first need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get Funds.

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. IoT Chain (ITC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find IoT Chain (ITC)

Once your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To purchase IoT Chain (ITC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To discover IoT Chain (ITC), you will need to insert the short name of the asset (ITC) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we've highlighted this also. Click on “ITC/BTC” to proceed.

Binance Hot To Buy IoT Chain (ITC)
Binance How to Buy (ITC) IoT Chain
Step 4 – Purchase IoT Chain (ITC)

Once you've located IoT Chain (ITC), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation IoT Chain (ITC) was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of ITC you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of ITC.

When you are satisfied, make a mouse click on “Buy ITC”. Your plan will be filled as soon as a Seller sells their ITC for the price you submitted.

Step 5 – Withdraw IoT Chain (ITC)

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your IoT Chain (ITC), go to the tab called “Funds” and mouse click on “Withdraw”. IoT Chain (ITC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find IoT Chain (ITC) by using the provided drop-down box. Put into the volumen of IoT Chain (ITC) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and stored IoT Chain (ITC).

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (ITC) IoT Chain is stored inside your wallet, you are finished.
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