A Step-by-Step-Guide on how to buy Red Pulse Phoenix (PHX)
Step 1 – Signup to CEX.io You will first need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Red Pulse Phoenix (PHX) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Red Pulse Phoenix (PHX) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can start invest and trading. To invest in Red Pulse Phoenix (PHX) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover Red Pulse Phoenix (PHX), you will need to insert the short name of the asset (PHX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this too. Click on “PHX/BTC” to go on.
Step 4 – Buy Red Pulse Phoenix (PHX) As soon as you have located Red Pulse Phoenix (PHX), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled with the most recent tariff Red Pulse Phoenix (PHX) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of PHX you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of PHX. When you are happy, click on “Buy PHX”. Your order will be filled when a Vendor sells their PHX for the price you introduced.
Step 5 – Withdraw Red Pulse Phoenix (PHX) Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extensive time frame. To withdraw your Red Pulse Phoenix (PHX), go to the tab called “Funds” and click on “Withdraw”. Red Pulse Phoenix (PHX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Red Pulse Phoenix (PHX) by using the provided drop-down box. Drop in the volumen of Red Pulse Phoenix (PHX) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification before a take off.