A Step-by-Step-Guide on how to buy IOST (IOST)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. IOST (IOST) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find IOST (IOST) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can commence invest and trading. To invest in IOST (IOST) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate IOST (IOST), you will need to insert the cointype (IOST) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “IOST/BTC” to advance.
Step 4 – Acquisition of IOST (IOST) Once you have spotted IOST (IOST), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order. The ”Price” field will be filled with the most recent tariff IOST (IOST) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of IOST you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of IOST. When you're glad, click on “Buy IOST”. Your plan will be filled as soon as a Vender trades their IOST for the price you introduced.
Step 5 – Withdraw IOST (IOST) Unless you are regularly trading, you should never keepyour coins on an Exchange for an extended time period. To take off your IOST (IOST), hover over the tab called “Funds” and click on “Withdraw”. IOST (IOST) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate IOST (IOST) by using the given drop-down box. Drop in the amount of IOST (IOST) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.