A Step-by-Step-Guide on how to buy Paypex (PAYX)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Paypex (PAYX) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Paypex (PAYX) As soon as your deposit has been confirmed, you will now have access to your finances and you can start purchasing and trading. To purchase Paypex (PAYX) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To find Paypex (PAYX), you will need to put the cointype (PAYX) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “PAYX/BTC” to proceed.
Step 4 – Acquisition of Paypex (PAYX) After you have discovered Paypex (PAYX), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order. The ”Price” field will be filled with the most latest tariff Paypex (PAYX) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of PAYX you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of PAYX. When you're satisfied, click on “Buy PAYX”. Your plan will be filled when a Seller trades their PAYX for the price you submitted.
Step 5 – Withdraw Paypex (PAYX) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an longer period of time. To withdraw your Paypex (PAYX), hover over the ”Funds” tab and click on “Withdraw”. Paypex (PAYX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Paypex (PAYX) by using the given drop-down box. Drop in the volumen of Paypex (PAYX) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.