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 bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Red Pulse Phoenix (PHX) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Red Pulse Phoenix (PHX) As soon as your deposit has been approved, you'll immediately have access to your funds and you can commence purchasing and trading. To buy Red Pulse Phoenix (PHX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot Red Pulse Phoenix (PHX), you'll need to put the shortname of the coin (PHX) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “PHX/BTC” to progress.
Step 4 – Acquisition of Red Pulse Phoenix (PHX) As soon as you have spotted Red Pulse Phoenix (PHX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Red Pulse Phoenix (PHX) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of PHX you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of PHX. When you're glad, click on “Buy PHX”. Your order will be filled when a Vender trades their PHX for the price you introduced.
Step 5 – Withdraw (PHX) Red Pulse Phoenix Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. To withdraw your (PHX) Red Pulse Phoenix, go to the tab called “Funds” and mouse click on “Withdraw”. (PHX) Red Pulse Phoenix can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PHX) Red Pulse Phoenix by using the provided drop-down box. Put into the amount of (PHX) Red Pulse Phoenix you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.