A Step-by-Step-Guide on how to buy Insolar (XNS)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Insolar (XNS) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Insolar (XNS) Once your deposit has been approved, you'll now have access to your funds and you can start purchasing and trading. To invest in Insolar (XNS) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to discover Insolar (XNS), you'll need to insert the short name of the asset (XNS) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we have marked this also. Click on “XNS/BTC” to continue.
Step 4 – Purchase (XNS) Insolar As soon as you have spotted (XNS) Insolar, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate (XNS) Insolar was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XNS you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of XNS. If you are happy, make a mouse click on “Buy XNS”. Your order will be filled when a Vendor trades their XNS for the price you offered.
Step 5 – Withdraw (XNS) Insolar Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. In order to take off your (XNS) Insolar, go to the tab called “Funds” and mouse click on “Withdraw”. (XNS) Insolar can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XNS) Insolar by using the provided drop-down box. Enter the volumen of (XNS) Insolar you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for phone/email verification ahead of a take off.