A Step-by-Step-Guide on how to buy WAX (WAXP)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. WAX (WAXP) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate WAX (WAXP) Once your deposit has been approved, you will instantly have access to your finances and you can initiate buying and trading. To purchase WAX (WAXP) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover WAX (WAXP), you will need to put the cointype (WAXP) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this too. Click on “WAXP/BTC” to continue.
Step 4 – Purchasing WAX (WAXP) After you've found WAX (WAXP), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order. The ”Price” field will be filled automatically with the latest tariff WAX (WAXP) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of WAXP you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of WAXP. When you are happy, click on “Buy WAXP”. Your plan will be filled as soon as a Vender sells their WAXP for the price you submitted.
Step 5 – Withdraw WAX (WAXP) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To take off your WAX (WAXP), hover over the ”Funds” tab and mouse click on “Withdraw”. WAX (WAXP) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find WAX (WAXP) by using the provided drop-down box. Put into the amount of WAX (WAXP) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.