A Step-by-Step-Guide on how to buy ChainX (PCX)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your welcome $10.
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. ChainX (PCX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate ChainX (PCX) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start buying and trading. To invest in ChainX (PCX) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot ChainX (PCX), you will need to insert the cointype (PCX) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have highlighted this also. Click on “PCX/BTC” to proceed.
Step 4 – Buying ChainX (PCX) Once you've located ChainX (PCX), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the latest valuation ChainX (PCX) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of PCX you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of PCX. When you're happy, make a mouse click on “Buy PCX”. Your plan will be filled as soon as a Seller trades their PCX for the price you offered.
Step 5 – Withdraw ChainX (PCX) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to take off your ChainX (PCX), hover over the ”Funds” tab and click on “Withdraw”. ChainX (PCX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ChainX (PCX) by using the given drop-down box. Enter the quantity of ChainX (PCX) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.