A Step-by-Step-Guide on how to buy I/O Coin (IOC)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. I/O Coin (IOC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (IOC) I/O Coin As soon as your deposit has been verified, you will now have access to your finances and you can commence buying and trading. To invest in (IOC) I/O Coin on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to spot (IOC) I/O Coin, you will need to put the cointype (IOC) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “IOC/BTC” to advance.
Step 4 – Purchase I/O Coin (IOC) Once you have located I/O Coin (IOC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our Limit Order. The field with the “Price” tag will be filled with the recent tariff I/O Coin (IOC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of IOC you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of IOC. If you are happy, click on “Buy IOC”. Your plan will be filled when a Vender trades their IOC for the price you introduced.
Step 5 – Withdraw I/O Coin (IOC) Unless you are trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your I/O Coin (IOC), hover over the tab called “Funds” and click on “Withdraw”. I/O Coin (IOC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate I/O Coin (IOC) by using the provided drop-down box. Enter the amount of I/O Coin (IOC) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.