A Step-by-Step-Guide on how to buy IoTeX (IOTX)
Step 1 – Join Kraken You will first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. IoTeX (IOTX) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find IoTeX (IOTX) Once your deposit has been confirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To buy IoTeX (IOTX) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot IoTeX (IOTX), you'll need to insert the shortname of the coin (IOTX) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “IOTX/BTC” to continue.
Step 4 – Buy IoTeX (IOTX) As soon as you've spotted IoTeX (IOTX), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation IoTeX (IOTX) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of IOTX you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of IOTX. When you are happy, make a mouse click on “Buy IOTX”. Your order will be filled as soon as a Vendor sells their IOTX for the price you introduced.
Step 5 – Withdraw IoTeX (IOTX) Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To take off your IoTeX (IOTX), go to the ”Funds” tab and click on “Withdraw”. IoTeX (IOTX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find IoTeX (IOTX) by using the given drop-down box. Drop in the quantity of IoTeX (IOTX) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be asked for phone/email verification ahead of a take off.