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 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. iETH (IETH) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find iETH (IETH) Once your deposit has been approved, you'll instantly have access to your assets and you can start invest and trading. To buy iETH (IETH) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate iETH (IETH), you'll need to insert 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 highlighted this too. Click on “IETH/BTC” to advance.
Step 4 – Purchase iETH (IETH) After you have located iETH (IETH), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the up-to-date valuation iETH (IETH) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of IETH you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of IETH. When you're happy, make a mouse click on “Buy IETH”. Your order will be filled as soon as a Seller sells their IETH for the price you submitted.
Step 5 – Withdraw iETH (IETH) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. To take off your iETH (IETH), go to the ”Funds” tab and mouse click on “Withdraw”. iETH (IETH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iETH (IETH) by using the given drop-down box. Drop in the amount of iETH (IETH) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click “Submit”. You could be asked for email/phone verification before a take off.