A Step-by-Step-Guide on how to buy Insolar (XNS)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get your welcome 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Insolar (XNS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Insolar (XNS) Once your deposit has been affirmed, you will directly have access to your assets and you can commence invest and trading. To buy Insolar (XNS) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate Insolar (XNS), you will need to put the shortname of the coin (XNS) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we've marked this also. Click on “XNS/BTC” to go ahead.
Step 4 – Purchasing (XNS) Insolar After you have discovered (XNS) Insolar, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to make our Limit Order. The ”Price” field will be filled automatically with the most latest tariff (XNS) Insolar was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of XNS you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of XNS. When you are satisfied, click on “Buy XNS”. Your order will be filled as soon as a Seller trades their XNS for the price you submitted.
Step 5 – Withdraw (XNS) Insolar Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time frame. To withdraw your (XNS) Insolar, go to the tab called “Funds” and mouse click on “Withdraw”. (XNS) Insolar can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XNS) Insolar by using the provided drop-down box. Put into the amount of (XNS) Insolar you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.