How to Buy IOTA (MIOTA) in Armenia

A Step-by-Step-Guide on how to buy IOTA (MIOTA) in Armenia

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. IOTA (MIOTA) 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 these easy steps)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate {IOTA (MIOTA)|(MIOTA) IOTA}

Once your deposit has been confirmed, you will directly have access to your finances and you can initiate invest and trading. To buy {IOTA (MIOTA)|(MIOTA) IOTA} on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover {IOTA (MIOTA)|(MIOTA) IOTA}, you will need to insert the short name of the asset (MIOTA) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “MIOTA/BTC” to continue.

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

Once you've found {IOTA (MIOTA)|(MIOTA) IOTA}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price {IOTA (MIOTA)|(MIOTA) IOTA} was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of MIOTA you wish to purchase. The ”Total” field is the total price in BTC that you'll settle for the whole amount of MIOTA.

When you're happy, make a mouse click on “Buy MIOTA”. Your plan will be filled when a Vendor sells their MIOTA for the price you submitted.

Step 5 – Withdraw {IOTA (MIOTA)|(MIOTA) IOTA}

Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. To take off your {IOTA (MIOTA)|(MIOTA) IOTA}, go to the ”Funds” tab and click on “Withdraw”. {IOTA (MIOTA)|(MIOTA) IOTA} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {IOTA (MIOTA)|(MIOTA) IOTA} by using the given drop-down box. Enter the amount of {IOTA (MIOTA)|(MIOTA) IOTA} you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via phone/email before a take off.

Congratulations! You've successfully bought and safed IOTA (MIOTA) in Armenia.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {IOTA (MIOTA)|(MIOTA) IOTA} is safe in your wallet, you're finished.

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