A Step-by-Step-Guide on how to buy iETH (IETH)
Step 1 – Join CEX.io You'll first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. iETH (IETH) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate iETH (IETH) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can initiate purchasing and trading. To invest in iETH (IETH) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot iETH (IETH), you will need to put the short name of the asset (IETH) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have marked this also. Click on “IETH/BTC” to go ahead.
Step 4 – Acquisition of iETH (IETH) After you've found iETH (IETH), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff iETH (IETH) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of IETH you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of IETH. When you are satisfied, make a mouse click on “Buy IETH”. Your order will be filled when a Vender trades their IETH for the price you gave.
Step 5 – Withdraw iETH (IETH) Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. In order to withdraw your iETH (IETH), go to the ”Funds” tab and mouse click on “Withdraw”. iETH (IETH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iETH (IETH) by using the given drop-down box. Enter the amount of iETH (IETH) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.