A Step-by-Step-Guide on how to buy Influxcoin (INFX)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Influxcoin (INFX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Influxcoin (INFX) Once your deposit has been confirmed, you'll now have access to your finances and you can commence invest and trading. To invest in Influxcoin (INFX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot Influxcoin (INFX), you'll need to insert the cointype (INFX) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this also. Click on “INFX/BTC” to progress.
Step 4 – Purchase Influxcoin (INFX) Once you've found Influxcoin (INFX), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price Influxcoin (INFX) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of INFX you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of INFX. When you're satisfied, click on “Buy INFX”. Your order will be filled as soon as a Vendor sells their INFX for the price you submitted.
Step 5 – Withdraw Influxcoin (INFX) Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. To withdraw your Influxcoin (INFX), hover over the ”Funds” tab and mouse click on “Withdraw”. Influxcoin (INFX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Influxcoin (INFX) by using the provided drop-down box. Put into the quantity of Influxcoin (INFX) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.