How to Buy IRISnet (IRIS)

A Step-by-Step-Guide on how to buy IRISnet (IRIS)

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. IRISnet (IRIS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate IRISnet (IRIS)

As soon as your deposit has been approved, you'll immediately have access to your funds and you can commence purchasing and trading. To buy IRISnet (IRIS) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot IRISnet (IRIS), you will need to insert the short name of the asset (IRIS) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “IRIS/BTC” to continue.

Binance Hot To Buy IRISnet (IRIS)
Binance How to Buy (IRIS) IRISnet
Step 4 – Buy IRISnet (IRIS)

As soon as you've spotted IRISnet (IRIS), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price IRISnet (IRIS) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of IRIS you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of IRIS.

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

Step 5 – Withdraw IRISnet (IRIS)

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time period. In order to take off your IRISnet (IRIS), go to the tab called “Funds” and click on “Withdraw”. IRISnet (IRIS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate IRISnet (IRIS) by using the given drop-down box. Put into the quantity of IRISnet (IRIS) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and stored IRISnet (IRIS).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (IRIS) IRISnet is stored inside your wallet, you're all done.

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