It will usually take 10-20 minutes, and your BTC will show up at your Binance wallet. Paste the receiving address you got in the previous step from Binance and the amount you’d like to send and confirm the transaction. You’ll see all your wallets on the left, with two buttons, one to “Send” and one to “Receive”.įind the correct wallet (this example uses Bitcoin) and click the “Send” button. Basically, it involves entering the address you’re sending your BTC to (which you just got from your Binance account) and entering the amount of BTC to send. These instructions are for Coinbase, but if you’re sending bitcoin from another exchange or wallet the instructions won’t be extremely different. Now you have a deposit address and you can send your coins from Coinbase (or any other exchange or wallet) to Binance. That is for Bitcoin, but it will look similar for any other coin you choose to deposit.
Once you choose the currency to deposit you’ll be presented with the deposit address as shown below.
Go to the“Funds -> Deposit” link at the top and then you can choose what currency you’re depositing. Step Three: Find the deposit address for BTC or ETH.Īfter logging in you’ll need to find the deposit address for either BTC or ETH, depending which you’ll be using to buy your IOTA. You’ll receive a confirmation email from Binance, and once you click the confirmation link in that email, you can log into the Binance account. Simply click the “Register” link in the upper right corner, fill in the requested information (email, password) and click the “Register” button. Once you have some BTC or ETH, you can go to the Binance website to create an account if you don’t already have one. Step Two: Create an account on Binance or use your existing account.
WHERE TO BUY IOTA HOW TO
How to Buy IOTA on Binance Step One: Get some BTC or ETHīinance does not accept fiat currency, so first you’ll need to buy BTC or ETH from another exchange, like Coinbase. You can do that in a few simple steps by using Binance to purchase IOTA. That’s fine if you have $10,000 and don’t mind waiting two months to buy IOTA, but what about when you want to make a purchase today? Bitfinex also requires minimum account equity of $10,000 before allowing new accounts to perform any trades. Bitfinex allows you to buy IOTA using fiat currency (USD, EUR, GBP, JPY), but unfortunately, you need to have a verified account to deposit and withdraw fiat currency and that currently takes 6-8 weeks. These include Upbit, Bitfinex, Exrates, and Binance. There are plenty of exchanges you can use to purchase IOTA. It’s already climbed to the #14 position in terms of market capitalization, and as people see blockchain networks becoming slower and more expensive, they will increasingly move to IOTA to avoid expensive fees and enjoy speedy transactions.Īll of this makes IOTA a good addition to any portfolio.
Because it is fee-free, more and more people are coming to appreciate IOTA.
WHERE TO BUY IOTA FREE
This allows IOTA to be more secure and more scalable than blockchains, and also allows transactions to occur free of any fees.īecause IOTA is able to scale as network usage grows, IOTA transaction validation gets faster as more users join the network. Instead, IOTA uses something called the Tangle, which is based on Directed Acyclic Graph (DAG) technology. IOTA is an up-and-coming altcoin that many are excited about because it allows for a decentralized distributed ledger without the use of a blockchain.
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