A Step-by-Step-Guide on how to buy WAX (WAXP)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. WAX (WAXP) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate WAX (WAXP) As soon as your deposit has been approved, you'll directly have access to your finances and you can commence buying and trading. To buy WAX (WAXP) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to discover WAX (WAXP), you'll need to put the shortname of the coin (WAXP) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “WAXP/BTC” to go on.
Step 4 – Purchasing (WAXP) WAX Once you've discovered (WAXP) WAX, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (WAXP) WAX was sold for. You can change this to your preferred price. The ”Amount” field is the amount of WAXP you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of WAXP. When you are happy, click on “Buy WAXP”. Your order will be filled when a Vendor sells their WAXP for the price you submitted.
Step 5 – Withdraw (WAXP) WAX Unless you are trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. To take off your (WAXP) WAX, go to the tab called “Funds” and click on “Withdraw”. (WAXP) WAX can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WAXP) WAX by using the provided drop-down box. Enter the amount of (WAXP) WAX you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.