A Step-by-Step-Guide on how to buy Injective Protocol (INJ)
Step 1 – Join CEX.io You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Injective Protocol (INJ) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Injective Protocol (INJ) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can begin purchasing and trading. To buy Injective Protocol (INJ) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find Injective Protocol (INJ), you'll need to insert the shortname of the coin (INJ) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this also. Click on “INJ/BTC” to go ahead.
Step 4 – Acquisition of (INJ) Injective Protocol Once you have found (INJ) Injective Protocol, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff (INJ) Injective Protocol was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of INJ you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole quantity of INJ. When you're satisfied, click on “Buy INJ”. Your plan will be filled as soon as a Vender sells their INJ for the price you gave.
Step 5 – Withdraw (INJ) Injective Protocol Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. In order to take off your (INJ) Injective Protocol, go to the ”Funds” tab and click on “Withdraw”. (INJ) Injective Protocol can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (INJ) Injective Protocol by using the given drop-down box. Drop in the quantity of (INJ) Injective Protocol you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.