A Step-by-Step-Guide on how to buy AXEL (AXEL)
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. AXEL (AXEL) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate AXEL (AXEL) As soon as your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To invest in AXEL (AXEL) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover AXEL (AXEL), you will need to insert the shortname of the coin (AXEL) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we've highlighted this too. Click on “AXEL/BTC” to go ahead.
Step 4 – Buy AXEL (AXEL) Once you have discovered AXEL (AXEL), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent rate AXEL (AXEL) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of AXEL you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole amount of AXEL. When you're glad, click on “Buy AXEL”. Your order will be filled as soon as a Vender trades their AXEL for the price you gave.
Step 5 – Withdraw AXEL (AXEL) Unless you're regularly trading, never keep your coins on an Exchange for an extensive time period. To take off your AXEL (AXEL), hover over the tab called “Funds” and click on “Withdraw”. AXEL (AXEL) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find AXEL (AXEL) by using the provided drop-down box. Put into the quantity of AXEL (AXEL) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.