A Step-by-Step-Guide on how to buy ChainX (PCX)
Step 1 – Join CEX.io You will first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. ChainX (PCX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate ChainX (PCX) Once your deposit has been confirmed, you'll immediately have access to your finances and you can commence purchasing and trading. To invest in ChainX (PCX) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To discover ChainX (PCX), you'll need to put the shortname of the coin (PCX) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this also. Click on “PCX/BTC” to go on.
Step 4 – Purchasing ChainX (PCX) After you have found ChainX (PCX), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation ChainX (PCX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of PCX you like to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of PCX. When you are glad, 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 regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your ChainX (PCX), go to the ”Funds” tab and mouse click on “Withdraw”. ChainX (PCX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ChainX (PCX) by using the provided drop-down box. Put into the amount of ChainX (PCX) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.