A Step-by-Step-Guide on how to buy Ink (INK)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Ink (INK) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Ink (INK) As soon as your deposit has been verified, you'll instantly have access to your finances and you can commence purchasing and trading. To invest in Ink (INK) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To discover Ink (INK), you'll need to insert the cointype (INK) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “INK/BTC” to advance.
Step 4 – Buying Ink (INK) As soon as you've located Ink (INK), you'll 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 automatically with the up-to-date valuation Ink (INK) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of INK you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of INK. If you are glad, click on “Buy INK”. Your plan will be filled when a Seller sells their INK for the price you gave.
Step 5 – Withdraw Ink (INK) Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Ink (INK), hover over the ”Funds” tab and mouse click on “Withdraw”. Ink (INK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ink (INK) by using the given drop-down box. Drop in the amount of Ink (INK) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.