A Step-by-Step-Guide on how to buy Injective Protocol (INJ)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Injective Protocol (INJ) 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? (Just follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Injective Protocol (INJ) Once your deposit has been confirmed, you will immediately have access to your finances and you can commence buying and trading. To buy Injective Protocol (INJ) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Injective Protocol (INJ), you will need to put the cointype (INJ) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “INJ/BTC” to continue.
Step 4 – Purchasing Injective Protocol (INJ) Once you've located Injective Protocol (INJ), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Injective Protocol (INJ) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of INJ you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of INJ. If you're happy, click on “Buy INJ”. Your plan will be filled as soon as a Vendor trades their INJ for the price you submitted.
Step 5 – Withdraw Injective Protocol (INJ) Unless you are regularly trading, never keep your coins on an Exchange for an extended period of time. In order to take off your Injective Protocol (INJ), go to the tab called “Funds” and click on “Withdraw”. Injective Protocol (INJ) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Injective Protocol (INJ) by using the given drop-down box. Enter the quantity of Injective Protocol (INJ) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.