How to Buy IoT Chain (ITC) in Australia

A Step-by-Step-Guide on how to buy IoT Chain (ITC) in Australia

Step 1 – Signup to Coinmama

You'll first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. IoT Chain (ITC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate {IoT Chain (ITC)|(ITC) IoT Chain}

As soon as your deposit has been confirmed, you'll now have access to your assets and you can begin invest and trading. To purchase {IoT Chain (ITC)|(ITC) IoT Chain} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to locate {IoT Chain (ITC)|(ITC) IoT Chain}, you'll need to insert the cointype (ITC) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “ITC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} IoT Chain (ITC)
Step 4 – Acquisition of {IoT Chain (ITC)|(ITC) IoT Chain}

Once you have found {IoT Chain (ITC)|(ITC) IoT Chain}, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled with the up-to-date price {IoT Chain (ITC)|(ITC) IoT Chain} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of ITC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of ITC.

If you are glad, make a mouse click on “Buy ITC”. Your order will be filled as soon as a Vender trades their ITC for the price you offered.

Step 5 – Withdraw {IoT Chain (ITC)|(ITC) IoT Chain}

Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an longer time period. To take off your {IoT Chain (ITC)|(ITC) IoT Chain}, hover over the ”Funds” tab and click on “Withdraw”. {IoT Chain (ITC)|(ITC) IoT Chain} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {IoT Chain (ITC)|(ITC) IoT Chain} by using the given drop-down box. Drop in the volumen of {IoT Chain (ITC)|(ITC) IoT Chain} you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Congrats! You've successfully purchased and stored IoT Chain (ITC) in Australia.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {IoT Chain (ITC)|(ITC) IoT Chain} is stored inside your wallet, you're all done.

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