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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto 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 Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find WazirX (WRX) As soon as your deposit has been confirmed, you'll now have access to your funds and you can begin purchasing and trading. To invest in WazirX (WRX) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to find WazirX (WRX), you'll need to insert the short name of the asset (WRX) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this too. Click on “WRX/BTC” to continue.
Step 4 – Acquisition of WazirX (WRX) Once you have spotted WazirX (WRX), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent valuation WazirX (WRX) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of WRX you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete volumen of WRX. If you're happy, click on “Buy WRX”. Your order will be filled when a Seller sells their WRX for the price you gave.
Step 5 – Withdraw WazirX (WRX) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to take off your WazirX (WRX), go to the ”Funds” tab and mouse click on “Withdraw”. WazirX (WRX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate WazirX (WRX) by using the given drop-down box. Put into the volumen of WazirX (WRX) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.