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 ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. IoT Chain (ITC) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate IoT Chain (ITC)

Once your deposit has been verified, you'll now have access to your assets and you can begin invest and trading. To purchase IoT Chain (ITC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot IoT Chain (ITC), you'll need to put the short name of the asset (ITC) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “ITC/BTC” to proceed.

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

As soon as you've found IoT Chain (ITC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price IoT Chain (ITC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of ITC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of ITC.

When you are glad, click on “Buy ITC”. Your order will be filled when a Vender sells their ITC for the price you introduced.

Step 5 – Withdraw IoT Chain (ITC)

Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To take off your IoT Chain (ITC), go to the ”Funds” tab and mouse click on “Withdraw”. IoT Chain (ITC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate IoT Chain (ITC) by using the given drop-down box. Put into the volumen of IoT Chain (ITC) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You've successfully bought and safed IoT Chain (ITC).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (ITC) IoT Chain is safe within your wallet, you're all done.

Some other Guides on How to buy Coins

How to Buy Connect
How to Buy GANA
How to Buy Coins
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