A Step-by-Step-Guide on how to buy ICON (ICX)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. ICON (ICX) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find ICON (ICX) Once your deposit has been affirmed, you'll instantly have access to your assets and you can begin purchasing and trading. To purchase ICON (ICX) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To find ICON (ICX), you'll need to insert the shortname of the coin (ICX) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “ICX/BTC” to progress.
Step 4 – Purchasing ICON (ICX) After you've discovered ICON (ICX), 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). For now we're going to create our Limit Order. The ”Price” field will be automatically filled with the most latest price ICON (ICX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of ICX you want to buy. The ”Total” field is the total price in BTC that you will settle for the complete quantity of ICX. When you are satisfied, click on “Buy ICX”. Your order will be filled when a Vender sells their ICX for the price you gave.
Step 5 – Withdraw (ICX) ICON Unless you are trading, you should never keepyour crypto coins on an Exchange for an extended time frame. In order to take off your (ICX) ICON, go to the tab called “Funds” and click on “Withdraw”. (ICX) ICON can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ICX) ICON by using the given drop-down box. Put into the volumen of (ICX) ICON you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.