How to buy and sell IOTX coin? IOTX coin trading graphic tutorial

To buy IOTX coins, you need to choose a reliable crypto exchange like OKX or Binance, create an account, fund it, place an order specifying the number of coins and order type, monitor the order, and optionally withdraw your coins once the transaction is complete.

Nov 05, 2024 at 12:06 pm

How to Buy and Sell IOTX Coin: A Step-by-Step Trading Guide

Step 1: Choose a Reliable Crypto Exchange

• OKX: One of the world's leading cryptocurrency exchanges with a large selection of coins, including IOTX.
• Binance: Another popular exchange with high liquidity and low fees.
• Coinbase: A reputable exchange known for its user-friendly platform but with limited coin offerings.

Step 2: Create an Account

• Visit the exchange's website or app and click on "Sign Up" or "Create Account."
• Provide your personal information and verify your email and/or phone number.

Step 3: Fund Your Account

• You can deposit funds into your account using a bank transfer, credit/debit card, or another cryptocurrency.
• Follow the instructions provided by the exchange.

Step 4: Place an Order

• Navigate to the IOTX trading pair you want to trade, e.g., IOTX/USDT.
• Choose an order type, such as "Market Order" for immediate execution or "Limit Order" to specify a specific price.
• Enter the number of IOTX coins you want to buy or sell.
• Review the order details and click "Buy" or "Sell."

Step 5: Monitoring Your Order

• Once your order is placed, you can track its status in the "Open Orders" or "Trade History" section of your account.
• The order will be filled when the market price reaches the specified conditions, either instantly (Market Order) or at the desired price (Limit Order).

Step 6: Withdraw Your Coins (Optional)

• Once you have bought or sold IOTX coins, you can withdraw them to a personal wallet for safekeeping.
• Click on "Withdraw" or "Withdrawal" in your account and choose IOTX.
• Enter the receiving wallet address and the amount you want to transfer.