A Step-by-Step-Guide on how to buy Wirex (WXT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Wirex (WXT) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Wirex (WXT) Once your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To purchase Wirex (WXT) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to locate Wirex (WXT), you'll need to insert the short name of the asset (WXT) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “WXT/BTC” to go ahead.
Step 4 – Purchasing Wirex (WXT) Once you've found Wirex (WXT), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our Limit Order. The ”Price” field will be automatically filled with the most latest price Wirex (WXT) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of WXT you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of WXT. When you're happy, make a mouse click on “Buy WXT”. Your order will be filled when a Vender sells their WXT for the price you offered.
Step 5 – Withdraw Wirex (WXT) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. To take off your Wirex (WXT), go to the ”Funds” tab and click on “Withdraw”. Wirex (WXT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wirex (WXT) by using the given drop-down box. Drop in the amount of Wirex (WXT) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via phone/email before a take off.