A Step-by-Step-Guide on how to buy iXMR (IXMR)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. iXMR (IXMR) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate (IXMR) iXMR Once your deposit has been affirmed, you'll immediately have access to your funds and you can launch buying and trading. To purchase (IXMR) iXMR on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To discover (IXMR) iXMR, you'll need to put the cointype (IXMR) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “IXMR/BTC” to advance.
Step 4 – Purchase iXMR (IXMR) As soon as you have spotted iXMR (IXMR), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order. The ”Price” field will be filled with the latest valuation iXMR (IXMR) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of IXMR you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of IXMR. When you're satisfied, click on “Buy IXMR”. Your order will be filled as soon as a Vendor trades their IXMR for the price you introduced.
Step 5 – Withdraw (IXMR) iXMR Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. In order to take off your (IXMR) iXMR, hover over the ”Funds” tab and mouse click on “Withdraw”. (IXMR) iXMR can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (IXMR) iXMR by using the given drop-down box. Put into the quantity of (IXMR) iXMR you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.