A Step-by-Step-Guide on how to buy iXMR (IXMR)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. iXMR (IXMR) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find iXMR (IXMR) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To invest in iXMR (IXMR) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. To locate iXMR (IXMR), you'll need to insert the cointype (IXMR) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “IXMR/BTC” to advance.
Step 4 – Purchasing iXMR (IXMR) Once you've spotted iXMR (IXMR), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff iXMR (IXMR) was traded for. You can change this to your desired price. The “Amount” field is the amount of IXMR you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of IXMR. If you are glad, click on “Buy IXMR”. Your plan will be filled as soon as a Vender trades their IXMR for the price you introduced.
Step 5 – Withdraw (IXMR) iXMR Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended time period. To withdraw your iXMR (IXMR), go to the tab called “Funds” and mouse click on “Withdraw”. (IXMR) iXMR can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find iXMR (IXMR) by using the given drop-down box. Drop in the quantity of (IXMR) iXMR you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.