How to Buy iETH (IETH) in Armenia

A Step-by-Step-Guide on how to buy iETH (IETH) in Armenia

Step 1 – Join Coinmama

You'll first need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. iETH (IETH) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the exact coin you want 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, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate {iETH (IETH)|(IETH) iETH}

As soon as your deposit has been verified, you will now have access to your funds and you can initiate invest and trading. To purchase {iETH (IETH)|(IETH) iETH} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate {iETH (IETH)|(IETH) iETH}, you will need to insert the short name of the asset (IETH) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “IETH/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} iETH (IETH)
Step 4 – Purchasing {iETH (IETH)|(IETH) iETH}

As soon as you have located {iETH (IETH)|(IETH) iETH}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate {iETH (IETH)|(IETH) iETH} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of IETH you wish to buy. The ”Total” field is the aggregated price in BTC that you will pay for the complete amount of IETH.

If you're satisfied, click on “Buy IETH”. Your order will be filled when a Vendor sells their IETH for the price you submitted.

Step 5 – Withdraw {iETH (IETH)|(IETH) iETH}

Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an longer time period. To withdraw your {iETH (IETH)|(IETH) iETH}, go to the ”Funds” tab and click on “Withdraw”. {iETH (IETH)|(IETH) iETH} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {iETH (IETH)|(IETH) iETH} by using the given drop-down box. Put into the amount of {iETH (IETH)|(IETH) iETH} you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You've successfully bought and safed iETH (IETH) in Armenia.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {iETH (IETH)|(IETH) iETH} is safe in your wallet, you are done.

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