How to Buy IoTeX (IOTX)

A Step-by-Step-Guide on how to buy IoTeX (IOTX)

Step 1 – Join CEX.io

You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. IoTeX (IOTX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate IoTeX (IOTX)

As soon as your deposit has been verified, you will instantly have access to your funds and you can start buying and trading. To purchase IoTeX (IOTX) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover IoTeX (IOTX), you will need to put the short name of the asset (IOTX) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “IOTX/BTC” to advance.

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

After you've located IoTeX (IOTX), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation IoTeX (IOTX) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of IOTX you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of IOTX.

When you're satisfied, make a mouse click on “Buy IOTX”. Your order will be filled as soon as a Vender sells their IOTX for the price you submitted.

Step 5 – Withdraw (IOTX) IoTeX

Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. In order to withdraw your (IOTX) IoTeX, go to the ”Funds” tab and click on “Withdraw”. (IOTX) IoTeX can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (IOTX) IoTeX by using the provided drop-down box. Put into the volumen of (IOTX) IoTeX you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.

Binance Withdraw

Congratulations! You've successfully purchased and safed IoTeX (IOTX).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the IoTeX (IOTX) is safe within your wallet, you're finished.