Idex Crypto Exchange was used by InvestmentTotal.com to present to readers how this crypto exchange works. If you are not sure how to use Idex Crypto Exchange, then you must read and follow this guide. A simple Idex Crypto Exchange guide for crypto traders and investors.
I used MyEtherWallet address to trade tokens in Idex Crypto Exchange. I have few of the popular tokens listed in Coin Market Cap. I trade using ethereum ETH (because we can’t trade other tokens in Idex Crypto Exchange if we don’t have enough Ethereum ETH as a fee for gas (transaction charges, sending, receiving, etc.).
Idex Crypto Exchange Review
The Idex platform is easy to use. It was created for every individual who wants to trade and invest in cryptocurrency market at ease.
Also, the Idex implements, a very secure trading platform especially when creating an account, ethereum wallet address. We can easily integrate our MyEtherWallet to Idex. If you are familiar on how MyEtherWallet MEW works, then you can easily understand Idex Crypto Exchange.
Idex Crypto Exchange Guides & Info
I hope this simple Idex market crypto exchange guide will help you along the way on how to trade different tokens that are ERC20 compatible.
Create & Access Idex Wallet
If you want to create Idex wallet, you just need to visit the official website of Idex at Idex.Market
And then create new wallet. Do not forget to save the private key for it will be your tool to access your Idex wallet. To view your balances of tokens, just hover your mouse to “balances” and see full balances and balance history.
Integrating myEtherWallet to Idex
Use your private key in MyEtherWallet if you want to see your MyEtherWallet tokens in Idex. Go to Idex.Market and simply choose unlock wallet. You have many options to access your MyEtherWallet in IDEX Market. Choose unlock wallet using private key.
Trading Tokens in Idex Crypto Exchange
Step 1. Unlock your Idex Wallet. Fund your Idex wallet with Ethereum ETH by sending ETH using your IDEX wallet address. To find your Idex wallet address, see the top “human” icon at the right side, hover your mouse and view your wallet address.
Step 2. Fund Ethereum in Your IDEX balances. This ETH will use for trading. You can also trade other tokens (tokens to tokens), but you need to use Ethereum for gas fee.
To fund your Idex wallet using your MyEtherWallet (in this guide if your myetherwallet address was integrated in IDEX wallet). Press “deposit”. And to withdraw, press “withdraw”.
Deposit – meaning you will get tokens from MyEtherWallet and send them to Idex
Withdraw – you will send your tokens from IDEX to myetherwallet or to any other ERC20 compatible wallet address.
Find Tokens to Trade in Idex Crypto Exchange
Now you know the basic usage of Idex market and you want to buy tokens that was just released and listed in Coin Market Cap. All you need to do is use the token CODE.
Example:
- Ethereum – ETH
- Silent Notary – SNTR
- Babb – BAX
- Tokia Coin -TKA
To trade, you must have ETH in your IDEX balances. You can’t trade tokens if you have no ethereum ETH in your idex wallet.
Idex Crypto Exchange Frequently Asked Questions
1. Can i trade Bitcoin in Idex? – No! Only ERC20 compatible tokens!
2. How to use idex? – Simple! Create a new wallet. Fund your wallet an ethereum ETH. Then choose tokens to buy (trade).
3. Is Idex Safe to use, to store my erc20 tokens? – It is depend on how you secure your private keys. Also, it is recommended to buy hardware wallet like Ledge Nano S
4. I read reviews about Idex in reddit, are the information correct? – You can’t simply know if the information about idex written online are correct if you did not test and try the idex crypto exchange platform.
5. I want to make my token listed in Idex. Can I submit Token in IDex? – Of course YES. Simply go to Idex.Market and submit token. See the submit button in the footer of the website.
6. My tokens are missing! How can I contact Idex crypto exchange? – First you need to check your TXID before you contact IDEX. Simply go to Idex.Market, complete the information in the contact form to get support and help.
7. Any other related guide about IDEX crypto exchange? – You can learn how to use IDEX, trade, and a lot more about idex by reading the guides and FAQ in the official website.
8. How to know if I am accessing the legitimate IDEX website and not the phishing or clone one? – Visit the official website at Idex. Market or https://idex.market
Tip: Make sure the website you are visiting has a “secure” logo in the browser. The green padlock!
Is Idex Crypto Exchange Scam or Legit?
Idex crypto exchange is definitely a legit crypto exchange. Every crypto traders and investors know that Idex is a legit platform. If you are in doubt, try it for minimal amount.
When you tested and tried the Idex crypto exchange platform, then you can use large amount. Here in Daily Investing Tips at InvestmentTotal.com, we guide crypto traders and investors about ICO’s, crypto exchanges, coins, etc. To get more tutorials and updates, subscribe to our email newsletter for free!
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