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How to Buy IOTA (MIOTA)

A Step-by-Step-Guide on how to buy IOTA (MIOTA)

Step 1 – Signup to CEX.io

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. IOTA (MIOTA) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a BTC 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 unlike (Follow our how-to).

Step 3 – Locate IOTA (MIOTA)

As soon as your deposit has been approved, you'll now have access to your funds and you can start purchasing and trading. To buy IOTA (MIOTA) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to locate IOTA (MIOTA), you'll need to put the cointype (MIOTA) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “MIOTA/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} IOTA (MIOTA)
Step 4 – Acquisition of IOTA (MIOTA)

Once you've located IOTA (MIOTA), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our own Limit Order.

The ”Price” field will be filled with the most latest price IOTA (MIOTA) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of MIOTA you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole amount of MIOTA.

When you're satisfied, click on “Buy MIOTA”. Your order will be filled when a Vender sells their MIOTA for the price you offered.

Step 5 – Withdraw IOTA (MIOTA)

Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. In order to withdraw your IOTA (MIOTA), go to the tab called “Funds” and mouse click on “Withdraw”. IOTA (MIOTA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate IOTA (MIOTA) by using the provided drop-down box. Drop in the amount of IOTA (MIOTA) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and stored IOTA (MIOTA).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the IOTA (MIOTA) is safe within your wallet, you're done.

Some other Guides on How to buy different Altcoins

How to Buy FYDcoin
How to Buy VeriSafe
How to Buy Altcoins
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