How to Buy bXIOT (BXIOT)

A Step-by-Step-Guide on how to buy bXIOT (BXIOT)

Step 1 – Signup to eToro

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive yEthereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. bXIOT (BXIOT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate bXIOT (BXIOT)

Once your deposit has been verified, you will now have access to your finances and you can commence buying and trading. To buy bXIOT (BXIOT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To locate bXIOT (BXIOT), you'll need to put the short name of the asset (BXIOT) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we've highlighted this too. Click on “BXIOT/BTC” to go ahead.

Binance How To Buy 1 bXIOT (BXIOT)
Step 4 – Purchase (BXIOT) bXIOT

As soon as you've spotted (BXIOT) bXIOT, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation (BXIOT) bXIOT was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BXIOT you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of BXIOT.

When you're glad, make a mouse click on “Buy BXIOT”. Your order will be filled when a Vendor sells their BXIOT for the price you gave.

Step 5 – Withdraw (BXIOT) bXIOT

Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. To take off your bXIOT (BXIOT), go to the tab called “Funds” and click on “Withdraw”. bXIOT (BXIOT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BXIOT) bXIOT by using the provided drop-down box. Put into the quantity of (BXIOT) bXIOT you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You could be requested for email/phone verification before a take off.

Congrats! You've successfully bought and safed bXIOT (BXIOT).

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 bXIOT (BXIOT) is safe within your wallet, you're all done.