So, you know nothing about crypto currencies but you want to buy yourself some IOTA? Well then keep reading!

This guide is designed to show you the in’s and outs of everything you’ll need to get started, and also has valuable advice and information from someone that’s been in IOTA since it first hit the exchanges earlier this year.

But first, rule #1 of cryptos — DON’T PUT ANY MONEY INTO CRYPTOS THAT YOU AREN’T WILLING TO LOSE 100% OF. This is honestly true of any investment, but for cryptos especially due to their unforgiving and volatile nature. Now that that’s out of the way, let’s get started

*NOTE* Currently IOTA withdrawals through Binance are disabled due to network congestion. This isn’t the first time that an exchange has had to do this, but service is supposed to be restored in the near future.

The Short and Sweet

If you already do have some experience with cryptos (hell, maybe you even have some ETH or BTC already), then you can use the quick-start guide below. *NOTE: All exchange links included in this guide are referral links to the respective exchanges.*

Register for Coinbase (if you aren’t already) Purchase ETH/BTC (I recommend using ETH because of lower transaction fees, if this doesn’t make sense to you, more below) Register for Binance Transfer ETH to Binance Buy IOTA with ETH

So wait… what’s going on?

If the above didn’t make sense to you don’t worry, below I’ve broken out each step, and provided pretty pictures and explanations of what’s going on. It may seem long, but honestly if the steps above didn’t compute for you, you’ll need this level of detail to not get completely screwed over.

Coinbase is a very trustworthy exchange, and is hands down the most simple way to buy Bitcoin (BTC), Ethereum (ETH), and Litecoin. What’s more, you also have access to GDAX, which opens the doors to more advanced trading options like limit orders (not covered in this guide).

Start by Registering for your account at https://goo.gl/TtiQuN (this lovely link will give both me and you $10 of BTC after you deposit $100, cool huh?). Make sure you pick a strong password, and I strongly recommend turning on 2 factor authentication — you are putting money in this after all.

That actually brings up a side rant, which is this. Cryptos are VERY unforgiving to the naive, which makes it ironic that I’m making a “for dummies” guide. While this will get you started, I highly recommend immersing yourself in this culture and doing as much research as you can before going crazy.

After confirming your email, you can move on to adding a payment method! You have a few different options here, and it depends on how quickly you want to purchase your IOTA. See screenshot below for the buttons to click