A Step-by-Step-Guide on how to buy ProxyNode (PRX)
Step 1 – Signup to CEX.io You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. ProxyNode (PRX) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) 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, etc. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find ProxyNode (PRX) As soon as your deposit has been confirmed, you will directly have access to your assets and you can initiate invest and trading. To buy ProxyNode (PRX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot ProxyNode (PRX), you will need to insert the cointype (PRX) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “PRX/BTC” to proceed.
Step 4 – Buy ProxyNode (PRX) As soon as you've found ProxyNode (PRX), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The ”Price” field will be filled automatically with the latest tariff ProxyNode (PRX) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of PRX you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of PRX. When you are happy, make a mouse click on “Buy PRX”. Your plan will be filled as soon as a Vendor trades their PRX for the price you gave.
Step 5 – Withdraw ProxyNode (PRX) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your ProxyNode (PRX), hover over the tab called “Funds” and click on “Withdraw”. ProxyNode (PRX) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ProxyNode (PRX) by using the provided drop-down box. Enter the amount of ProxyNode (PRX) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.