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 – Send Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Beaxy (BXY) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Beaxy (BXY) Once your deposit has been approved, you'll immediately have access to your finances and you can begin buying and trading. To invest in Beaxy (BXY) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to spot Beaxy (BXY), you'll need to put the short name of the asset (BXY) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “BXY/BTC” to continue.
Step 4 – Acquisition of Beaxy (BXY) As soon as you have spotted Beaxy (BXY), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Beaxy (BXY) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of BXY you want to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of BXY. If you are happy, make a mouse click on “Buy BXY”. Your plan will be filled as soon as a Vender trades their BXY for the price you introduced.
Step 5 – Withdraw Beaxy (BXY) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to withdraw your Beaxy (BXY), go to the tab called “Funds” and click on “Withdraw”. Beaxy (BXY) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Beaxy (BXY) by using the provided drop-down box. Drop in the quantity of Beaxy (BXY) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.