A Step-by-Step-Guide on how to buy Starname (IOV)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Starname (IOV) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Starname (IOV) Once your deposit has been verified, you'll directly have access to your funds and you can launch invest and trading. To buy Starname (IOV) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To discover Starname (IOV), you'll need to insert the shortname of the coin (IOV) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “IOV/BTC” to proceed.
Step 4 – Acquisition of Starname (IOV) As soon as you have found Starname (IOV), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The ”Price” field will be filled with the recent price Starname (IOV) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of IOV you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of IOV. When you're glad, make a mouse click on “Buy IOV”. Your plan will be filled as soon as a Vender trades their IOV for the price you introduced.
Step 5 – Withdraw Starname (IOV) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extensive time period. To take off your Starname (IOV), hover over the ”Funds” tab and click on “Withdraw”. Starname (IOV) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Starname (IOV) by using the provided drop-down box. Put into the amount of Starname (IOV) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.