How to Buy IOST (IOST) in Australia

A Step-by-Step-Guide on how to buy IOST (IOST) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your Bitcoin or Ethereum.

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

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

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate {IOST (IOST)|(IOST) IOST}

As soon as your deposit has been affirmed, you will directly have access to your assets and you can initiate purchasing and trading. To purchase {IOST (IOST)|(IOST) IOST} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot {IOST (IOST)|(IOST) IOST}, you will need to insert the short name of the asset (IOST) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “IOST/BTC” to go on.

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

After you've discovered {IOST (IOST)|(IOST) IOST}, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate {IOST (IOST)|(IOST) IOST} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of IOST you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of IOST.

When you're satisfied, click on “Buy IOST”. Your order will be filled as soon as a Vender trades their IOST for the price you introduced.

Step 5 – Withdraw {IOST (IOST)|(IOST) IOST}

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive time period. To withdraw your {IOST (IOST)|(IOST) IOST}, hover over the ”Funds” tab and mouse click on “Withdraw”. {IOST (IOST)|(IOST) IOST} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {IOST (IOST)|(IOST) IOST} by using the provided drop-down box. Enter the volumen of {IOST (IOST)|(IOST) IOST} you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you're happy, click on “Submit”. You may be asked for phone/email verification before a take off.

Congratulations! You have successfully bought and safed IOST (IOST) in Australia.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {IOST (IOST)|(IOST) IOST} is stored in your wallet, you're all done.

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