A Step-by-Step-Guide on how to buy Injective Protocol (INJ)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and to get your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Injective Protocol (INJ) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Injective Protocol (INJ) Once your deposit has been affirmed, you will immediately have access to your assets and you can initiate invest and trading. To purchase Injective Protocol (INJ) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find Injective Protocol (INJ), you will need to put the cointype (INJ) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “INJ/BTC” to progress.
Step 4 – Purchase Injective Protocol (INJ) As soon as you have spotted Injective Protocol (INJ), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be filled with the recent valuation Injective Protocol (INJ) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of INJ you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of INJ. If you're happy, click on “Buy INJ”. Your order will be filled when a Seller sells their INJ for the price you offered.
Step 5 – Withdraw (INJ) Injective Protocol Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. In order to withdraw your (INJ) Injective Protocol, go to the ”Funds” tab and mouse click on “Withdraw”. (INJ) Injective Protocol can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (INJ) Injective Protocol by using the provided drop-down box. Put into the amount of (INJ) Injective Protocol you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.