A Step-by-Step-Guide on how to buy iXMR (IXMR)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. iXMR (IXMR) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've selected the exact 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're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (IXMR) iXMR As soon as your deposit has been confirmed, you will instantly have access to your finances and you can begin invest and trading. To purchase (IXMR) iXMR on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate (IXMR) iXMR, you will need to put the cointype (IXMR) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this also. Click on “IXMR/BTC” to proceed.
Step 4 – Buy (IXMR) iXMR As soon as you've found (IXMR) iXMR, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the up-to-date valuation (IXMR) iXMR was traded for. This can be changed to your desired price. The ”Amount” field is the amount of IXMR you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of IXMR. When you are happy, make a mouse click on “Buy IXMR”. Your plan will be filled as soon as a Seller trades their IXMR for the price you offered.
Step 5 – Withdraw (IXMR) iXMR Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extensive period of time. To withdraw your (IXMR) iXMR, hover over the ”Funds” tab and mouse click on “Withdraw”. (IXMR) iXMR can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (IXMR) iXMR by using the given drop-down box. Drop in the amount of (IXMR) iXMR you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.