How to Buy IoTeX (IOTX)

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).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. IoTeX (IOTX) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find IoTeX (IOTX)

As soon as your deposit has been affirmed, you will immediately have access to your assets and you can initiate invest and trading. To buy IoTeX (IOTX) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

To find IoTeX (IOTX), you will need to insert the shortname of the coin (IOTX) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “IOTX/BTC” to progress.

Binance Hot To Buy IoTeX (IOTX)
Binance How to Buy (IOTX) IoTeX
Step 4 – Buying IoTeX (IOTX)

As soon as you've spotted IoTeX (IOTX), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent rate IoTeX (IOTX) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of IOTX you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete amount of IOTX.

When you're glad, make a mouse click on “Buy IOTX”. Your plan will be filled as soon as a Vender trades their IOTX for the price you gave.

Step 5 – Withdraw IoTeX (IOTX)

Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended time period. To withdraw your IoTeX (IOTX), hover over the tab called “Funds” and mouse click on “Withdraw”. IoTeX (IOTX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find IoTeX (IOTX) by using the given drop-down box. Enter the volumen of IoTeX (IOTX) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congratulations! You have successfully bought and stored IoTeX (IOTX).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (IOTX) IoTeX is stored inside your wallet, you're finished.

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