How to Buy ALAX (ALX)

A Step-by-Step-Guide on how to buy ALAX (ALX)

Step 1 – Join Kraken

You will first need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. ALAX (ALX) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find ALAX (ALX)

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can commence invest and trading. To invest in ALAX (ALX) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”.

To spot ALAX (ALX), you'll need to insert the short name of the asset (ALX) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “ALX/BTC” to progress.

Binance Hot To Buy ALAX (ALX)
Binance How to Buy (ALX) ALAX
Step 4 – Purchasing ALAX (ALX)

As soon as you have spotted ALAX (ALX), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation ALAX (ALX) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of ALX you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of ALX.

If you are glad, make a mouse click on “Buy ALX”. Your plan will be filled when a Vender trades their ALX for the price you gave.

Step 5 – Withdraw ALAX (ALX)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your ALAX (ALX), go to the tab called “Funds” and mouse click on “Withdraw”. ALAX (ALX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find ALAX (ALX) by using the provided drop-down box. Enter the amount of ALAX (ALX) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, click on “Submit”. You could be requested for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully bought and safed ALAX (ALX).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (ALX) ALAX is stored inside your wallet, you are done.

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