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How to Buy Paxos Standard (PAX)

A Step-by-Step-Guide on how to buy Paxos Standard (PAX)

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – {Send} Your {Bitcoin or Ethereum} to an {Cryptocurrency Exchange}

Your {Bitcoin (BTC) or Ethereum (ETH)} {has} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {similar}. Paxos Standard (PAX) is {available} on Binance, so {we're going to} use that as an {sample}. {Unsure} on how to send {Coinbase funds} to an {Exchange}? ({Just follow} {these easy steps})

Make sure {you've} {chosen} the {right} coin you {want} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {ETH} deposit address, {et cetera}. {In the case} {you are} {working with} a decentralized exchange, {like} Airswap or DDEX could be {opposed} ({Follow} {our guide}).

Step 3 – {Find} Paxos Standard (PAX)

{Once} your deposit has been {confirmed}, {you will} {instantly} have access to your {finances} and you can {commence} {purchasing} and trading. To {purchase} Paxos Standard (PAX) on Binance, {you will} want to {go to} the {tab which is called “Exchange”} and{ after that} {mouse click} on “Basic”.

{In order to} {discover} Paxos Standard (PAX), {you will} need to {put} the {shortname of the coin} (PAX) into the {search-box}, which is {marked} in the {picture}. {Make sure you have} {choosen} the {correct} {pairing}, {we have} {marked} this {too}. Click on “PAX/BTC” to {proceed}.

{How to buy Coin on Binance 1|Binance How To Buy 1} Paxos Standard (PAX)
Step 4 – {Purchasing} Paxos Standard (PAX)

{Once} {you've} {found} Paxos Standard (PAX), {you will} be {given} a {Chart with Prices} (in the Center of the {image}) and {a few} Order Books ({Leftside} of the {image}). {And now} {we are} {creating} our{ own} Limit Order.

The {”Price” field} will be {filled automatically} with the{} {latest} {tariff} Paxos Standard (PAX) was {sold} for. {This can be changed} to your {favoured} {rate}. The {field with the “Amount” tag} is the {quantity} of PAX you {wish} to {buy}. The {”Total” field} is the {aggregated} price in {BTC} that {you'll} {pay} for the {whole} {quantity} of PAX.

{If} {you are} {glad}, {make a mouse click} on “Buy PAX”. Your {plan} will be filled {as soon as} a {Vendor} {trades} their PAX for the price you {submitted}.

Step 5 – Withdraw Paxos Standard (PAX)

Unless {you are}{ frequently} trading, {you should never keepyour} {crypto} on an {Exchange} for an {longer} {period of time}. {In order to} {withdraw} your Paxos Standard (PAX), {hover over} the {”Funds” tab} and {click} on “Withdraw”. Paxos Standard (PAX) can be {safely stored} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Paxos Standard (PAX) by using the {given} drop-down box. {Put into} the {volumen} of Paxos Standard (PAX) {you'd} {like} to {take off}. {Don't forget} the {presented} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{If} {you're} {satisfied}, {click on} “Submit”. You {may} be {asked} for {verfication via email/phone} {ahead of} a {withdrawal}.

{Congrats}! {You've} successfully {bought} and {safed} Paxos Standard (PAX).

That's it!

{Take offs} from {Crypto Trader} can {durate} {between} 1 – 30 minutes ({rely} on {usage of the network}). {Once} {you have} {confirmed} your {take off} {using} {Ethplorer.io or Etherscan.io} and the Paxos Standard (PAX) is {stored} {within} your wallet, {you are} {all done}.

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