A Step-by-Step-Guide on how to buy ALAX (ALX)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. ALAX (ALX) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find ALAX (ALX) As soon as your deposit has been verified, you will now have access to your finances and you can launch purchasing and trading. To purchase ALAX (ALX) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to locate ALAX (ALX), you will need to put the cointype (ALX) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “ALX/BTC” to continue.
Step 4 – Purchase ALAX (ALX) As soon as you've located ALAX (ALX), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price ALAX (ALX) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of ALX you like to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of ALX. If you're satisfied, make a mouse click on “Buy ALX”. Your plan will be filled as soon as a Vender trades their ALX for the price you introduced.
Step 5 – Withdraw ALAX (ALX) Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. To withdraw your ALAX (ALX), go to the ”Funds” tab and mouse click on “Withdraw”. ALAX (ALX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find ALAX (ALX) by using the given drop-down box. Drop in the volumen of ALAX (ALX) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.