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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Red Pulse Phoenix (PHX) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Red Pulse Phoenix (PHX) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can begin invest and trading. To purchase Red Pulse Phoenix (PHX) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Red Pulse Phoenix (PHX), you'll need to put the short name of the asset (PHX) into the search box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this too. Click on “PHX/BTC” to continue.
Step 4 – Purchasing Red Pulse Phoenix (PHX) Once you have located Red Pulse Phoenix (PHX), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation Red Pulse Phoenix (PHX) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of PHX you want to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of PHX. When you are satisfied, make a mouse click on “Buy PHX”. Your plan will be filled when a Vendor trades their PHX for the price you submitted.
Step 5 – Withdraw Red Pulse Phoenix (PHX) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an longer time period. To withdraw your Red Pulse Phoenix (PHX), hover over the tab called “Funds” and click on “Withdraw”. Red Pulse Phoenix (PHX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Red Pulse Phoenix (PHX) by using the given drop-down box. Drop in the volumen of Red Pulse Phoenix (PHX) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.