A Step-by-Step-Guide on how to buy ChainX (PCX)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting Funds.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. ChainX (PCX) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just 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 using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find ChainX (PCX) Once your deposit has been affirmed, you will instantly have access to your assets and you can commence invest and trading. To invest in ChainX (PCX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot ChainX (PCX), you'll need to insert the shortname of the coin (PCX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've marked this also. Click on “PCX/BTC” to continue.
Step 4 – Purchasing ChainX (PCX) As soon as you've spotted ChainX (PCX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation ChainX (PCX) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of PCX you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of PCX. When you're happy, click on “Buy PCX”. Your order will be filled when a Vender sells their PCX for the price you offered.
Step 5 – Withdraw ChainX (PCX) Unless you are regularly trading, best advise is not to keep coins on an Exchange for an extensive time period. To take off your ChainX (PCX), hover over the ”Funds” tab and click on “Withdraw”. ChainX (PCX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ChainX (PCX) by using the provided drop-down box. Put into the quantity of ChainX (PCX) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.