A Step-by-Step-Guide on how to buy Insolar (XNS)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Insolar (XNS) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Insolar (XNS) Once your deposit has been verified, you will instantly have access to your finances and you can launch invest and trading. To buy Insolar (XNS) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Insolar (XNS), you will need to insert the cointype (XNS) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “XNS/BTC” to go ahead.
Step 4 – Buying Insolar (XNS) After you've discovered Insolar (XNS), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Insolar (XNS) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XNS you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of XNS. When you're glad, click on “Buy XNS”. Your plan will be filled as soon as a Vendor trades their XNS for the price you submitted.
Step 5 – Withdraw Insolar (XNS) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to take off your Insolar (XNS), hover over the tab called “Funds” and mouse click on “Withdraw”. Insolar (XNS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Insolar (XNS) by using the provided drop-down box. Drop in the quantity of Insolar (XNS) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.