How to Buy Insolar (XNS)

A Step-by-Step-Guide on how to buy Insolar (XNS)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Insolar (XNS) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Insolar (XNS)

Once your deposit has been affirmed, you will immediately have access to your assets and you can launch purchasing and trading. To buy Insolar (XNS) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover Insolar (XNS), you will need to insert the short name of the asset (XNS) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “XNS/BTC” to go ahead.

How to buy Coin on Binance 1 Insolar (XNS)
Step 4 – Purchase Insolar (XNS)

As soon as you've found (XNS) Insolar, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled with the latest valuation (XNS) Insolar was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of XNS you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of XNS.

If you're satisfied, make a mouse click on “Buy XNS”. Your order will be filled as soon as a Vender sells their XNS for the price you gave.

Step 5 – Withdraw Insolar (XNS)

Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. In order to take off your (XNS) Insolar, go to the tab called “Funds” and click on “Withdraw”. (XNS) Insolar can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congrats! You've successfully purchased and safed (XNS) Insolar.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the Insolar (XNS) is safe in your wallet, you are finished.