A Step-by-Step-Guide on how to buy Alex (ALEX)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Alex (ALEX) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Alex (ALEX) Once your deposit has been approved, you'll now have access to your funds and you can initiate buying and trading. To invest in Alex (ALEX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate Alex (ALEX), you will need to insert the short name of the asset (ALEX) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “ALEX/BTC” to go ahead.
Step 4 – Purchase Alex (ALEX) After you have located Alex (ALEX), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Alex (ALEX) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of ALEX you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of ALEX. If you are happy, click on “Buy ALEX”. Your order will be filled when a Vender sells their ALEX for the price you introduced.
Step 5 – Withdraw Alex (ALEX) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. To withdraw your Alex (ALEX), hover over the tab called “Funds” and click on “Withdraw”. Alex (ALEX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Alex (ALEX) by using the given drop-down box. Put into the quantity of Alex (ALEX) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.