A Step-by-Step-Guide on how to buy Iridium (IRD)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Iridium (IRD) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (IRD) Iridium Once your deposit has been verified, you'll now have access to your finances and you can commence invest and trading. To invest in (IRD) Iridium on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate (IRD) Iridium, you'll need to put the short name of the asset (IRD) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “IRD/BTC” to go on.
Step 4 – Buy Iridium (IRD) As soon as you have located Iridium (IRD), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our Limit Order. The ”Price” field will be filled with the up-to-date rate Iridium (IRD) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of IRD you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole amount of IRD. When you're glad, make a mouse click on “Buy IRD”. Your order will be filled as soon as a Vendor trades their IRD for the price you submitted.
Step 5 – Withdraw Iridium (IRD) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer period of time. To take off your Iridium (IRD), go to the tab called “Funds” and mouse click on “Withdraw”. Iridium (IRD) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Iridium (IRD) by using the provided drop-down box. Drop in the volumen of Iridium (IRD) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.