How to Buy Audax (AUDAX)

A Step-by-Step-Guide on how to buy Audax (AUDAX)

Step 1 – Join Kraken

You will first need to purchase one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

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

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Audax (AUDAX)

Once your deposit has been affirmed, you'll directly have access to your finances and you can commence purchasing and trading. To invest in Audax (AUDAX) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover Audax (AUDAX), you'll need to put the cointype (AUDAX) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've highlighted this too. Click on “AUDAX/BTC” to progress.

Binance Hot To Buy Audax (AUDAX)
Binance How to Buy (AUDAX) Audax
Step 4 – Purchase Audax (AUDAX)

As soon as you've discovered Audax (AUDAX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation Audax (AUDAX) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of AUDAX you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of AUDAX.

When you're glad, click on “Buy AUDAX”. Your order will be filled when a Vendor sells their AUDAX for the price you introduced.

Step 5 – Withdraw Audax (AUDAX)

Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Audax (AUDAX), hover over the tab called “Funds” and mouse click on “Withdraw”. Audax (AUDAX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Audax (AUDAX) by using the provided drop-down box. Enter the amount of Audax (AUDAX) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and safed Audax (AUDAX).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the (AUDAX) Audax is stored within your wallet, you're finished.
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