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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 {ETH (Ethereum) or BTC (Bitcoin)} {has} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {identical}. Paxos Standard (PAX) is {available} on Binance, so {we will} use that as an {example}. {Not sure} on how to send {funds from Coinbase} to an {Crypto Trader}? ({Just follow} {these easy steps})

Make sure {you have} {chosen} the {correct} coin you {want} to deposit.

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

Step 3 – {Locate} Paxos Standard (PAX)

{Once} your deposit has been {affirmed}, {you'll} {now} have access to your {funds} and you can {begin} {buying} and trading. To {purchase} Paxos Standard (PAX) on Binance, {you will} want to {go to} the {tab which is called “Exchange”} and{ then} {mouse click} on “Basic”.

{To} {find} Paxos Standard (PAX), {you will} need to {put} the {cointype} (PAX) into the {search-box}, which is {highlighted} in the {image}. {Be certain of having} {choosen} the {correct} {pairing}, {we've} {marked} this {too}. Click on “PAX/BTC” to {advance}.

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

{Once} {you have} {located} Paxos Standard (PAX), {you will} be {presented with} a {Chart with Prices} (in the Center of the {picture}) and {some} Order Books ({Leftside} of the {image}). {Next} {we are} {going to create} our{} Limit Order.

The {field with the “Price” tag} will be {filled} with the{ most} {latest} {valuation} Paxos Standard (PAX) was {sold} for. {This can be changed} to your {favoured} {rate}. The {field with the “Amount” tag} is the {amount} of PAX you {wish} to {purchase}. The {”Total” field} is the {whole} price in {Bitcoin} that {you will} {pay} for the {complete} {quantity} of PAX.

{When} {you're} {satisfied}, {click} on “Buy PAX”. Your {plan} will be filled {as soon as} a {Vender} {trades} their PAX for the price you {introduced}.

Step 5 – Withdraw Paxos Standard (PAX)

Unless {you're}{ regularly} trading, {never keep your} {crypto coins} on an {Crypto Trader} for an {extensive} {period of time}. {In order to} {take off} your Paxos Standard (PAX), {go to} the {tab called “Funds”} and {click} on “Withdraw”. Paxos Standard (PAX) can be {stored securely} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Paxos Standard (PAX) by using the {provided} drop-down box. {Drop in} the {volumen} of Paxos Standard (PAX) {you would} {like} to {withdraw}. {Take into account} the {demonstrated} {minimus/fees}. Also make sure you have {entered} your {right} withdraw address.

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

{Congratulations}! {You've} successfully {purchased} and {stored} Paxos Standard (PAX).

That's it!

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

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