World of cryptocurrencies

Want $10 worth of Bitcoin for free? use this link –>> Coinbase to get your free crypto wallet.

You can buy IOTA, like other cryptocurrencies by using something called a Crypto Exchange. Please click below for guide on how to buy IOTA on the exchange you wish

How to buy IOTA on Binance

It is recommended that you use Binance to buy IOTA. Why? Binance has shown to be the most capable buying platform recently, it has not crashed like Bitfinex and continues to have 100% uptime.

1. Head over to registration page for Binance. Enter your details. When you click register you will then need to verify your email.
Step 1: How to buy IOTA - Sign up to Binance.com
2. Once you have verified your email address and once you log back, Hover your mouse over the Funds link in the navigation bar across the top of the page. It should then reveal a drop down menu. Click Deposits Withdrawls
Step 2: How to buy IOTA - Deposit to Binance Link
3. You will see a lot of cryptocurrencies on this page. Find bitcoin BTC and click the Deposit link at the end. This will then slide down and reveal your receiving address
Step 3: How to buy IOTA - Deposit BTC to Binance
4. Now we need to send some Bitcoins to Binance so we can trade them in like we did for the Bitfinex steps above. So sign up to a CryptoCurrency Wallet Provider, Again I recommend Coinbase and purchase your Bitcoins using what ever currency you wish.
5. Again, from our Coinbase account that we have just created and bought our bitcoins with we will need to send them to the address that you generated on Binance. You do this by going to Accounts and then clicking the Send button under the wallet of the currency you purchased.
Step 5: How to buy IOTA - Send currency to Binance
After you click Send, a dialogue window will pop up and this will ask you to enter an address to send bitcoin to. This is the address that we got from Binance when you clicked deposit. This dialogue is also where you will be able to enter the amount of bitcoin you want to send to buy IOTA with.

Note: Sending to Binance may take a few hours. So not panic if it is not instant. It could take 12 hours. Especially with all this BTC Folk stuff going on.

6. Once your bitcoin has been received by Binance hover over the Exchange link at the top left of the page next to the Binance logo. This will show you a drop down menu. Click Basic
Step 6: How to buy IOTA - Start trading on Binance
7. Find and click your trading pair in the right hand column. Because we are wanting to buy IOTA with bitcoin we are looking for IOTA/BTC. Obviously if you sent Etherum over instead you would be looking for IOTA/ETH.
Step 7: How to buy IOTA - Trading BTC and IOTA
8. You will now be able to see the buying form. Fill this out with the amount of IOTA you want to buy and then click the Buy IOTA button.
Step 8: How to buy IOTA - Buying form for BTC and IOTA
All Done. That might take some time to go through. Even though IOTA is fast it is the exchange that you are dealing with.

Now you know How to Buy IOTA, Keep them safe!

It is not recommended that you keep your IOTA on an exhange. Get the latest desktop wallet for your computer OS from the official repo: https://github.com/iotaledger/wallet/releases. If you need help with this step check out the following guide: https://iotasupport.com/walletknowledgebase.shtml

Buy Ethereum, Bitcoin, or Litecoin

Buying cryptocurrency is confusing for a lot of people.

It’s not a stock or a typical “investment.” It’s not like anything most people have ever seen or experienced. You don’t get shares; instead you get digital coins or tokens. The coins are “better” than a paper dollar bill because they actually support a greater cause, as in Ethereum’s case, to build a decentralized internet and host code and apps on a decentralized platform. And coins help “fuel” that cause, so to speak, without getting technical.

For most people around the globe, Coinbase would be the easiest option to buy Ethereum, Bitcoin, or Litecoin (it doesn’t support any others yet).

After verifying your account, you can add a number of payment methods including credit or debit cards, bank accounts, or even wire transfers of funds.

Typically you will need to verify your account with a driver’s license and add other details to expand your buy limits. Since cryptocurrencies are “hard currencies,” the exchanges don’t want to risk getting ripped off, since you can’t reverse a cryptocurrency transaction once it’s done. If you are looking for some of the newer coins like NEO that are making big movement but haven’t made their way to the aforementioned exchange sites, you can look into Bittrex, Poloniex or Livecoin. You can transfer Bitcoin or Ethereum to these platforms from Coinbase and then exchange it for any other digital currency that you want.

PROS
    • High liquidity and buying limits
    • Easy way for new users to buy bitcoin
  • Instant buy available with credit card as backup
  • joining bonus of 10 USD / 8 GBP / 8.5 Euros when you join using link
CONS
    • Limited payment methods
  • May track how its users spend bitcoin

Disclaimer: this is all my personal recommendation and investment in cryptocurrency may involve risk due to high volatility.

This article does not constitute in any way shape or form legal, financial or investment advice and any action taken is at users own discretion and of their own volition. No loss or blame is accountable to the poster of the article and as such he/she is free from liability. This site is served as is.

 

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