How to Buy Internet Exchange Token (INEX)

A Step-by-Step-Guide on how to buy Internet Exchange Token (INEX)

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

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Internet Exchange Token (INEX) 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 Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate (INEX) Internet Exchange Token

Once your deposit has been verified, you will immediately have access to your assets and you can commence purchasing and trading. To invest in Internet Exchange Token (INEX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find Internet Exchange Token (INEX), you'll need to insert the shortname of the coin (INEX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “INEX/BTC” to proceed.

Binance How To Buy 1 Internet Exchange Token (INEX)
Step 4 – Buy (INEX) Internet Exchange Token

After you've discovered Internet Exchange Token (INEX), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation Internet Exchange Token (INEX) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of INEX you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of INEX.

If you are happy, click on “Buy INEX”. Your plan will be filled as soon as a Vendor trades their INEX for the price you offered.

Step 5 – Withdraw (INEX) Internet Exchange Token

Unless you're trading, best advise is not to keep coins on an Exchange for an extended period of time. In order to take off your (INEX) Internet Exchange Token, hover over the tab called “Funds” and mouse click on “Withdraw”. Internet Exchange Token (INEX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Internet Exchange Token (INEX) by using the given drop-down box. Drop in the quantity of (INEX) Internet Exchange Token you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You may be asked for email/phone verification before a take off.

Kudos! You've successfully bought and stored (INEX) Internet Exchange Token.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Internet Exchange Token (INEX) is safe within your wallet, you're done.