A Step-by-Step-Guide on how to buy IoTeX (IOTX)
Step 1 – Join CEX.io You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. IoTeX (IOTX) 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 manual) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate IoTeX (IOTX) As soon as your deposit has been verified, you will instantly have access to your funds and you can launch purchasing and trading. To invest in IoTeX (IOTX) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to find IoTeX (IOTX), you will need to insert the short name of the asset (IOTX) into the search box, which is highlighted in the image. Make sure you have selected the right grouping, we've highlighted this too. Click on “IOTX/BTC” to go ahead.
Step 4 – Purchase (IOTX) IoTeX Once you've spotted (IOTX) IoTeX, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate (IOTX) IoTeX was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of IOTX you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole volumen of IOTX. If you're glad, click on “Buy IOTX”. Your plan will be filled as soon as a Seller sells their IOTX for the price you gave.
Step 5 – Withdraw (IOTX) IoTeX Unless you are trading, you should never keepyour crypto on an Exchange for an extended time frame. To take off your (IOTX) IoTeX, go to the ”Funds” tab and click on “Withdraw”. (IOTX) IoTeX can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (IOTX) IoTeX by using the provided drop-down box. Drop in the amount of (IOTX) IoTeX you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.