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How can I transfer Bitcoin to Binance and buy IOTA?

avatarMarc LefDec 16, 2021 · 3 years ago1 answers

I want to transfer my Bitcoin to Binance and buy IOTA. How can I do that?

How can I transfer Bitcoin to Binance and buy IOTA?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Transferring Bitcoin to Binance and buying IOTA is a straightforward process. Here's what you need to do: 1. Log in to your Binance account or create a new account if you don't have one. 2. Once logged in, go to the 'Funds' tab and click on 'Deposits'. 3. Look for Bitcoin in the list of available cryptocurrencies and click on 'Deposit'. 4. Binance will generate a unique Bitcoin deposit address for you. Copy this address. 5. Open your Bitcoin wallet and initiate a transfer to the address you copied from Binance. 6. Wait for the transaction to be confirmed on the Bitcoin network. 7. Once confirmed, your Bitcoin will be credited to your Binance account. 8. Now, go to the 'Markets' tab and search for IOTA. 9. Choose the IOTA trading pair you want to trade with Bitcoin. 10. Place a buy order for IOTA using your Bitcoin. 11. Wait for the order to be filled and congratulations, you've successfully bought IOTA on Binance! If you need any further assistance, don't hesitate to ask.