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 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. ALAX (ALX) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate ALAX (ALX)

As soon as your deposit has been approved, you will directly have access to your assets and you can initiate buying and trading. To buy ALAX (ALX) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover ALAX (ALX), you will 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 right grouping, we've marked this also. Click on “ALX/BTC” to go on.

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

After you have found ALAX (ALX), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff ALAX (ALX) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of ALX you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of ALX.

If you're satisfied, click on “Buy ALX”. Your plan will be filled as soon as a Seller sells their ALX for the price you gave.

Step 5 – Withdraw ALAX (ALX)

Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. To withdraw your ALAX (ALX), hover over the tab called “Funds” and click on “Withdraw”. ALAX (ALX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate ALAX (ALX) by using the given drop-down box. Enter the volumen of ALAX (ALX) you would like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

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

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (ALX) ALAX is safe within your wallet, you are finished.

Some other Guides on How to buy Coins

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How to Buy Coins
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