A Step-by-Step-Guide on how to buy WazirX (WRX)
Step 1 – Signup to CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. WazirX (WRX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate WazirX (WRX) Once your deposit has been verified, you'll directly have access to your assets and you can start purchasing and trading. To purchase WazirX (WRX) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to find WazirX (WRX), you'll need to put the shortname of the coin (WRX) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “WRX/BTC” to proceed.
Step 4 – Acquisition of WazirX (WRX) As soon as you have discovered WazirX (WRX), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate WazirX (WRX) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of WRX you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of WRX. When you're happy, make a mouse click on “Buy WRX”. Your order will be filled when a Seller trades their WRX for the price you gave.
Step 5 – Withdraw WazirX (WRX) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your WazirX (WRX), go to the ”Funds” tab and click on “Withdraw”. WazirX (WRX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find WazirX (WRX) by using the given drop-down box. Enter the volumen of WazirX (WRX) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.