Where can novices buy IOTX coins? Operation steps for novices to buy IOTX coins

For new users looking to purchase IOTX coins, reputable cryptocurrency exchanges like OKX and Binance offer a secure and reliable path to acquiring this digital asset.

Oct 24, 2024 at 05:32 am

Where Can New Users Buy IOTX Coins? Step-by-Step Guide for Beginners

1. Choose a Reputable Cryptocurrency Exchange

• OKX: A secure and established cryptocurrency exchange that offers IOTX trading.
• Binance: Another popular exchange with a wide range of cryptocurrencies, including IOTX.

Note: Avoid untrustworthy or unlicensed exchanges that may compromise your funds.

2. Create an Account

Visit the selected exchange's website or download their mobile app. Follow the instructions to create an account, providing personal information and verifying your identity through KYC (Know Your Customer) procedures.

3. Deposit Funds

Once your account is verified, you can deposit funds using various methods such as:

• Bank transfer (SEPA or SWIFT)
• Credit/debit card
• Crypto deposit (transferring existing cryptocurrencies from external wallets)

4. Find IOTX in the Market

Navigate to the exchange's trading interface and search for IOTX/BUSD or IOTX/USDT trading pairs.

5. Place a Buy Order

Determine the amount of IOTX you wish to purchase and enter it in the "Buy" field. Select the order type (e.g., Market Order, Limit Order) and click on "Buy IOTX."

• Market Order: Executes the purchase at the best available market price.
• Limit Order: Specifies a specific price at which you want the order to execute.

6. Confirm and Track

Review your order details and confirm the transaction. The IOTX coins will be credited to your exchange account shortly after the order is executed. You can track the order status in the "Orders" or "History" section.

7. Withdraw IOTX (Optional)

If you wish to store your IOTX coins in a hardware wallet or a different exchange, you can withdraw them after the purchase by initiating a withdrawal request from your exchange account.