A Step-by-Step-Guide on how to buy XCoinPay (DYX)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive your Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. XCoinPay (DYX) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate XCoinPay (DYX) Once your deposit has been approved, you will instantly have access to your funds and you can start purchasing and trading. To purchase XCoinPay (DYX) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To spot XCoinPay (DYX), you will need to put the cointype (DYX) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “DYX/BTC” to continue.
Step 4 – Buying XCoinPay (DYX) As soon as you have located XCoinPay (DYX), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The ”Price” field will be filled automatically with the most recent rate XCoinPay (DYX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of DYX you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of DYX. When you're satisfied, make a mouse click on “Buy DYX”. Your order will be filled as soon as a Vendor sells their DYX for the price you introduced.
Step 5 – Withdraw XCoinPay (DYX) Unless you're frequently trading, never keep your coins on an Exchange for an extended period of time. To take off your XCoinPay (DYX), go to the ”Funds” tab and mouse click on “Withdraw”. XCoinPay (DYX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find XCoinPay (DYX) by using the provided drop-down box. Enter the quantity of XCoinPay (DYX) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be requested for phone/email verification before a take off.