A Step-by-Step-Guide on how to buy IoTeX (IOTX)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get your first 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. IoTeX (IOTX) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find IoTeX (IOTX) Once your deposit has been approved, you will immediately have access to your finances and you can launch buying and trading. To purchase (IOTX) IoTeX on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover IoTeX (IOTX), you will need to put the short name of the asset (IOTX) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have marked this also. Click on “IOTX/BTC” to proceed.
Step 4 – Purchase (IOTX) IoTeX Once you have located (IOTX) IoTeX, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The “Price” field will be filled automatically with the up-to-date price IoTeX (IOTX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of IOTX you want to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole amount of IOTX. When you're satisfied, click on “Buy IOTX”. Your plan will be filled when a Vendor trades their IOTX for the price you gave.
Step 5 – Withdraw IoTeX (IOTX) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extensive time frame. To withdraw your (IOTX) IoTeX, go to the “Funds” tab and click on “Withdraw”. IoTeX (IOTX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (IOTX) IoTeX by using the provided drop-down box. Drop in the amount of (IOTX) IoTeX you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be asked for verfication via phone/email before a take off.