How to Buy IOStoken (IOST) Coin – IOST coin is currently booming in the cryptocurrency space. In CoinMarketCap, IOST has improved its ranking from 600 to as of January 2018 it is in 60th position, which is a major increase because of it trading volume and increased market. But as the coin is just been increasing in terms of markets or cryptocurrency exchanges a lot of people who are very new to trading or who are very new to altcoins don’t know where to buy IOST coin easily without getting scammed. So in this article below, we have described on How to Buy IOStoken or How to Buy IOST Coi easily in step by step manner.
What is IOStoken?
(According to themerkle.com) IOSToken or IOST is the so-called Internet of Services, which purports to provide a solid infrastructure for new service providers. Developing a native token for the Internet of Services is an opportunity well worth exploring, especially when the team focuses on high TPS, privacy, scalability, and a secure blockchain. All of these are things which other currencies may also be able to provide, but letting online service providers offer better services to their customers is an interesting train of thought.
How to Buy IOStoken (IOST) Coin 2020 – Where to Buy IOStoken IOST Coin?
Requirements to Buy IOST coin
- IOST Supporting Wallet
- Bitcoin or Ethereum
- Binance or OKEx (Binance is Recommended)
Read This: How to Buy NEO Coin
(Method 1) How to Buy IOStoken (IOST) Coin – Where to Buy IOStoken IOST Coin? using Binance
1. Buy Bitcoin or Ethereum
Firstly, you need to buy Bitcoin or Ethereum to buy IOST because you cant use your fiat currency which is the normal currency that you use such as US Dollar or Euro or Indian Rupees.
These are the best place to buy Bitcoin (BTC)
- Coinbase (You will get free $10 worth of BTC if you buy BTC for $100)
- LocalBitcoin.com
These are the best place to buy Ethereum (ETH)
- Coinbase (You will get free $10 worth of ETH if you buy ETH for $100)
2. Register and get a Binance account
After you brought Bitcoin or Ethereum, you need to register and get a binance account. Why Binance?you might ask. Binance is the No 1 Exchange Platform currently. You can easily exchange your bitcoin or Ethereum to IOST coin using binance easily.
Click Here to Register a Binance Account
3. Deposit Bitcoin or Ethereum in Binance
After creating an account in binance, you need to deposit BTC or ETH in your binance account to buy IOST coins.
To Deposit BTC or Eth in Binance
- Top Right Hand Side, You will find Funds, in Funds drop-down click on Deposit and Withdrawal
2. Search for Bitcoin or Ethereum coin
3. Click on deposit
4. You will get a Bitcoin or Ethereum Deposit Address
5. Copy the address and transfer the required Bitcoin or Ethereum from Coinbase or LocalBitcoin to that Bitcoin or Ethereum address.
4. Buy IOST Coin
After depositing your BTC or ETH to Binance, now you can buy IOST coin in Binance.
To Buy IOST Coin
- Click on Exchange in Left Side Top, in drop-down click on basic.
- Select BTC or ETH on the right side.
- Click on IOST/BTC if you are buying using Bitcoin or Click on IOST/ETH if you are buying using Ethereum.
- Enter Price and Amount.
- Click Buy IOST.
(Method 2) How to Buy IOStoken (IOST) Coin – Where to Buy IOStoken IOST Coin? using OKEx
1. Buy Bitcoin or Ethereum
Firstly, you need to buy Bitcoin or Ethereum to buy IOST because you cant use your fiat currency which is the normal currency that you use such as US Dollar or Euro or Indian Rupees.
These are the best place to buy Bitcoin (BTC)
- Coinbase (You will get free $10 worth of BTC if you buy BTC for $100)
- LocalBitcoin.com
These are the best place to buy Ethereum (ETH)
- Coinbase (You will get free $10 worth of ETH if you buy ETH for $100)
Read This : Safe Bitcoin Cash Wallets
2. Register and get a OKEx Account
After you brought Bitcoin or Ethereum, you need to register and get a OKEx account. You can easily exchange your bitcoin or Ethereum to IOST coin using OKEx easily.
3. Deposit Bitcoin or Ethereum in OKEx
After creating an account in OKEx, you need to deposit BTC or ETH in your Bitrrex account to buy IOST coins.
To Deposit BTC or Eth in OKEx
- Click on Account -> Deposit in Right Side Top Menu Bar.
- Select the currency which you wanted to deposit, so if you want to deposit Bitcoin, select BTC charge or if you want to deposit ethereum select eth charge.
- A Unique deposit address will be generated.
- Copy the address and transfer the required Bitcoin or Ethereum from Coinbase or LocalBitcoin to that Bitcoin or Ethereum address.
4. Buy IOST Coin
After depositing your BTC or ETH to OKEx, now you can buy IOST coin in OKEx.
To Buy IOST Coin
- Click on Token Trading on Top Left Hand Side Top Menu Bar.
- Click on IOST/BTC if you are buying using Bitcoin or Click on IOST/ETH if you are buying using Ethereum.
- In order type select Market Order
- Enter the amount which you want to buy.
- Click Buy.
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