A Step-by-Step-Guide on how to buy IOTA (MIOTA)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and receive your welcome $10.
Step 2 – Transfer Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. IOTA (MIOTA) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find IOTA (MIOTA) Once your deposit has been verified, you will immediately have access to your finances and you can begin invest and trading. To buy (MIOTA) IOTA on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. To find IOTA (MIOTA), you will need to put the shortname of the coin (MIOTA) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have highlighted this also. Click on “MIOTA/BTC” to advance.
Step 4 – Buy (MIOTA) IOTA Once you've spotted IOTA (MIOTA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff (MIOTA) IOTA was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of MIOTA you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of MIOTA. If you're happy, click on “Buy MIOTA”. Your plan will be filled as soon as a Seller sells their MIOTA for the price you offered.
Step 5 – Withdraw IOTA (MIOTA) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an extended time frame. To take off your IOTA (MIOTA), hover over the tab called “Funds” and click on “Withdraw”. IOTA (MIOTA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (MIOTA) IOTA by using the provided drop-down box. Enter the amount of IOTA (MIOTA) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.