A Step-by-Step-Guide on how to buy IOST (IOST)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. IOST (IOST) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (IOST) IOST Once your deposit has been affirmed, you will now have access to your assets and you can commence purchasing and trading. To buy (IOST) IOST on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (IOST) IOST, you will need to put the short name of the asset (IOST) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “IOST/BTC” to continue.
Step 4 – Buy (IOST) IOST As soon as you've located (IOST) IOST, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The ”Price” field will be automatically filled with the most latest rate (IOST) IOST was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of IOST you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete amount of IOST. When you're happy, make a mouse click on “Buy IOST”. Your plan will be filled as soon as a Vender sells their IOST for the price you gave.
Step 5 – Withdraw IOST (IOST) Unless you are trading, you should never keepyour coins on an Exchange for an extended period of time. In order to take off your IOST (IOST), go to the ”Funds” tab and mouse click on “Withdraw”. IOST (IOST) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find IOST (IOST) by using the given drop-down box. Put into the amount of IOST (IOST) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.