How can I purchase IOTA on Binance from GDAX?
Bartek WlodarczykDec 19, 2021 · 3 years ago3 answers
I want to buy IOTA on Binance using GDAX. Can you guide me through the process?
3 answers
- Dec 19, 2021 · 3 years agoSure, here's a step-by-step guide on how to purchase IOTA on Binance from GDAX: 1. Sign in to your GDAX account and navigate to the 'Deposit' section. 2. Deposit the desired amount of cryptocurrency (such as Bitcoin or Ethereum) into your GDAX account. 3. Once the deposit is confirmed, go to the 'Trade' section and select the trading pair 'IOTA/BTC' or 'IOTA/ETH'. 4. Place a buy order for IOTA at your desired price and quantity. 5. Wait for the order to be filled, and you will see your IOTA balance in your GDAX account. 6. Now, go to Binance and sign in to your account. 7. Navigate to the 'Deposit' section and select IOTA as the cryptocurrency you want to deposit. 8. Copy the deposit address provided by Binance. 9. Go back to GDAX and navigate to the 'Withdraw' section. 10. Enter the Binance IOTA deposit address and the amount you want to transfer. 11. Confirm the withdrawal and wait for the transaction to be processed. 12. Once the transaction is confirmed, you will see your IOTA balance in your Binance account. Please note that the process may vary slightly depending on the current interfaces of GDAX and Binance. Make sure to double-check the deposit and withdrawal addresses to avoid any mistakes.
- Dec 19, 2021 · 3 years agoBuying IOTA on Binance from GDAX is a straightforward process. Here's what you need to do: 1. Deposit your preferred cryptocurrency (such as Bitcoin or Ethereum) into your GDAX account. 2. Navigate to the 'Trade' section on GDAX and select the IOTA trading pair you want to trade (IOTA/BTC or IOTA/ETH). 3. Place a buy order for IOTA at your desired price and quantity. 4. Once the order is filled, you will see your IOTA balance in your GDAX account. 5. Now, sign in to your Binance account. 6. Go to the 'Deposit' section on Binance and select IOTA as the cryptocurrency you want to deposit. 7. Copy the deposit address provided by Binance. 8. Return to GDAX and navigate to the 'Withdraw' section. 9. Enter the Binance IOTA deposit address and the amount you want to transfer. 10. Confirm the withdrawal and wait for the transaction to be processed. 11. Once the transaction is confirmed, you will see your IOTA balance in your Binance account. If you encounter any issues during the process, reach out to the customer support of GDAX or Binance for assistance.
- Dec 19, 2021 · 3 years agoTo purchase IOTA on Binance from GDAX, follow these steps: 1. Deposit your desired cryptocurrency (such as Bitcoin or Ethereum) into your GDAX account. 2. Go to the 'Trade' section on GDAX and select the IOTA trading pair you want to trade (IOTA/BTC or IOTA/ETH). 3. Place a buy order for IOTA at your preferred price and quantity. 4. Once the order is executed, your IOTA balance will be updated in your GDAX account. 5. Now, log in to your Binance account. 6. Navigate to the 'Deposit' section on Binance and choose IOTA as the cryptocurrency you want to deposit. 7. Copy the deposit address provided by Binance. 8. Return to GDAX and go to the 'Withdraw' section. 9. Enter the Binance IOTA deposit address and the amount you want to transfer. 10. Confirm the withdrawal and wait for the transaction to be processed. 11. After the transaction is confirmed, your IOTA balance will be reflected in your Binance account. Please note that transaction times may vary depending on network congestion and other factors.
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