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How to Buy Insolar (XNS)

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).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Insolar (XNS) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Insolar (XNS)

Once your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To invest in Insolar (XNS) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Insolar (XNS), you will need to insert the short name of the asset (XNS) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “XNS/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Insolar (XNS)
Step 4 – Buy Insolar (XNS)

Once you've located Insolar (XNS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation Insolar (XNS) was sold for. This can be changed to your preferred 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 BTC that you'll settle for the complete volumen of XNS.

If you're satisfied, make a mouse click on “Buy XNS”. Your plan will be filled when a Vender trades their XNS for the price you gave.

Step 5 – Withdraw Insolar (XNS)

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Insolar (XNS), hover over the ”Funds” tab and click on “Withdraw”. Insolar (XNS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Insolar (XNS) by using the given drop-down box. Put into the quantity of Insolar (XNS) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congrats! You have successfully bought and safed Insolar (XNS).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Insolar (XNS) is stored within your wallet, you are all done.

Some other Guides on How to buy different Altcoins

How to Buy Cloudbric
How to Buy PIVX
How to Buy Altcoins
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