How to buy Bitcoin to purchase I/OCoin (IOC) via trading exchanges.1- Buy Bitcoin. This is the step most people can find the most challenging. But it is really quite simple to buy Bitcoin's. There are many ways to buy bitcoin, here are the best known, depending on your location in the world.
If you are in the UK, then we can highly recommend using BitBargain
Bitbargain is for customer in the UK, it is very easy to sing up to the site to purchase Bitcoins.
Also, the sellers on the site are professional and have to pass quite a tough test and lots of verification processes to be able to sell bitcoins. So you can rest assured you are dealing with professionals who will make your transaction easy.
Most importantly the transaction is 100% safe and secure. There are many ways you can buy bitcoin from bitbargain, the most used option is Bank transfer, but you also have many other options as seen in the picture below.
Then you simply choose what you would like to buy, in this case Bitcoin (they do offer Litecoin and Namecoin also)
Then enter the number you wish to purchase and click "Find Offers".
The top offers will be the cheapest and each seller has a green bar next to their ID, the fuller the bar the better the rating, but as you will see nearly all sellers have over 90% ratings.
So, if you are not in the UK, but are in Europe, you will be asking how can i buy bitcoins. We would suggest you use. https://localbitcoins.com/
Again, similar to bitbargain, First sign up. simply enter what you want to buy, where you are located and select amount and payment option. Also, just like bitbargain, you will see all the sellers have ratings, so you can easily select who to deal with.
Also, If you are outside of Europe, then this is also a great way to easily buy bitcoins.
2- Sing up to Trading Exchange like Buy IOC on Bittrex or IOC to buy on AskCoin
Really quick and simple to do. When buying, you do not have to provide any ID documents, simply enter username and password and you will be ready to buy/trade.
Once you have signed up and have your account, go to the Wallet or Balance section. Then simply locate Bitcoin. When you first sign up to a site, you will need to generate a Bitcoin address.
3- Generate Bitcoin address
When you select bitcoin you will be asked to click a button that says 'Generate address'. Now you will have your Bitcoin address. This is where you will send the bitcoin, you have just purchased.
Note: When sending Bitcoin to a exchange, it can often take from 30-60 mins.
Then after tis time, you will see you have your bitcoin in your balance and you are ready to buy I/OCoin.
If you are new to trading, there are many guides on how to buy alt coins from exchanges, but it is very easy to do.
IMPORTANT: Make sure to enable 2FA protection on your new account straight away.
4- Buy IOC (I/Ocoin)
For this example, i will use bittrex. You have your bitcoin and now you want to buy IOC IOC is the trading name for I/OCoin.
BTC-IOC market on bittrex
You will now see this screen, if you are logged in. Please make sure to be logged into Bittrex.
You will notice on the Left Hand Side. Buy IOCoin.
You will be asked how many 'units' (coins) you want to buy and what price you want to pay.
If you would like to spend all your bitcoin in one go, simply click MAX. But at this point, it is a good idea to set the price you would like to buy at. (BID Price).
You will notice there is a down arrow on the blue Price box. If you click this it gives you 3 options.Last, Bid and Ask.
You always want to buy your coins as cheap as possible. So always select Bid. And your order will go to the top of the buying book.
But, like anything in life, you have choices and you may want to try and buy cheaper or you might just want to buy all you can straight away.
Most people know how to buy on exchanges, but we were all new to it once. So please. If you have any questions or you are new to buying bitcoin and using exhchanges, please contact us, we are always happy to help and you will receive replies very quickly.
5 - Family and Friends
By far the quickest and most secure way to buy bitcoin. Maybe a family or friend introduced you to bitcoin and alt coins, theyare the perfect people to ask and to buy bitcoin and IOC from. If you have this option, then it really does make buying IOC very easy to do.
Contact I/OCoin at the following places.
#Slack Please join us on Slack, our #1 communication home. You will need to request access, this ensures the quality of people who will be able to help you.
To request to join slack (highly recommended) please use this link:
Join I/OCoin in Slack today!
Also, send us a email at: firstname.lastname@example.org
Here at I/OCoin we are here for everyone. There is always someone at hand to help all new comers and answer any questions you may have.
We look forward to hearing from you and hope you will join our loyal i/ocoin investors today!
Best wishes from all the team at I/OCoin.