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 ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. IRISnet (IRIS) 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 Trader? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate IRISnet (IRIS)

Once your deposit has been affirmed, you will immediately have access to your assets and you can begin invest and trading. To invest in IRISnet (IRIS) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover IRISnet (IRIS), you will need to put the cointype (IRIS) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this too. Click on “IRIS/BTC” to proceed.

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

As soon as you have spotted IRISnet (IRIS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we are creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price IRISnet (IRIS) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of IRIS you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of IRIS.

If you're happy, click on “Buy IRIS”. Your order will be filled as soon as a Vender sells their IRIS for the price you offered.

Step 5 – Withdraw IRISnet (IRIS)

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extensive period of time. In order to withdraw your IRISnet (IRIS), go to the tab called “Funds” and click on “Withdraw”. IRISnet (IRIS) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find IRISnet (IRIS) by using the given drop-down box. Put into the amount of IRISnet (IRIS) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and safed IRISnet (IRIS).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (IRIS) IRISnet is stored in your wallet, you are all done.

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