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How to Buy IRISnet (IRIS)

A Step-by-Step-Guide on how to buy IRISnet (IRIS)

Step 1 – Signup to CEX.io

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. IRISnet (IRIS) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate IRISnet (IRIS)

Once your deposit has been verified, you will instantly have access to your funds and you can launch buying and trading. To buy IRISnet (IRIS) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To find IRISnet (IRIS), you'll need to put the short name of the asset (IRIS) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “IRIS/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} IRISnet (IRIS)
Step 4 – Purchase IRISnet (IRIS)

Once you've found IRISnet (IRIS), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order.

The ”Price” field will be automatically filled with the most latest tariff IRISnet (IRIS) was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of IRIS you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of IRIS.

If you are happy, make a mouse click on “Buy IRIS”. Your plan will be filled when a Vender trades their IRIS for the price you offered.

Step 5 – Withdraw IRISnet (IRIS)

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. In order to take off your IRISnet (IRIS), go to the tab called “Funds” and click on “Withdraw”. IRISnet (IRIS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find IRISnet (IRIS) by using the given drop-down box. Drop in the quantity of IRISnet (IRIS) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Kudos! You've successfully purchased and safed IRISnet (IRIS).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the IRISnet (IRIS) is stored in your wallet, you are all done.

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