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 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

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 obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate IRISnet (IRIS)

Once your deposit has been verified, you'll immediately have access to your assets and you can commence buying and trading. To purchase IRISnet (IRIS) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to locate IRISnet (IRIS), you'll need to put the shortname of the coin (IRIS) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “IRIS/BTC” to go on.

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

As soon as you've found IRISnet (IRIS), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate IRISnet (IRIS) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of IRIS you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of IRIS.

When you're satisfied, click on “Buy IRIS”. Your order will be filled when a Vender sells their IRIS for the price you submitted.

Step 5 – Withdraw IRISnet (IRIS)

Unless you're frequently trading, never keep your crypto coins on an Exchange for an extended time period. To take off your IRISnet (IRIS), hover over the ”Funds” tab and click on “Withdraw”. IRISnet (IRIS) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and safed IRISnet (IRIS).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (IRIS) IRISnet is stored in your wallet, you're all done.

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