A Step-by-Step-Guide on how to buy Iridium (IRD)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10 Dollar.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Iridium (IRD) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Iridium (IRD) Once your deposit has been approved, you'll immediately have access to your finances and you can commence invest and trading. To invest in (IRD) Iridium on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover (IRD) Iridium, you'll need to insert the short name of the asset (IRD) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “IRD/BTC” to progress.
Step 4 – Acquisition of Iridium (IRD) Once you have found (IRD) Iridium, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price (IRD) Iridium was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of IRD you like to buy. The “Total” field is the total price in BTC that you will pay for the whole quantity of IRD. When you're happy, click on “Buy IRD”. Your plan will be filled when a Vender trades their IRD for the price you gave.
Step 5 – Withdraw Iridium (IRD) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your (IRD) Iridium, go to the tab called “Funds” and mouse click on “Withdraw”. Iridium (IRD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (IRD) Iridium by using the given drop-down box. Drop in the amount of Iridium (IRD) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.