A Step-by-Step-Guide on how to buy Beaxy (BXY)
Step 1 – Join Kraken You will first need to buy units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and receive Funds.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Beaxy (BXY) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Beaxy (BXY) Once your deposit has been affirmed, you will immediately have access to your assets and you can launch invest and trading. To invest in Beaxy (BXY) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot Beaxy (BXY), you will need to insert the cointype (BXY) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “BXY/BTC” to progress.
Step 4 – Purchasing Beaxy (BXY) After you've discovered Beaxy (BXY), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the recent tariff Beaxy (BXY) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of BXY you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of BXY. When you're happy, make a mouse click on “Buy BXY”. Your order will be filled when a Vendor sells their BXY for the price you offered.
Step 5 – Withdraw Beaxy (BXY) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Beaxy (BXY), hover over the ”Funds” tab and mouse click on “Withdraw”. Beaxy (BXY) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Beaxy (BXY) by using the given drop-down box. Put into the amount of Beaxy (BXY) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.