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 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. ChainX (PCX) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate ChainX (PCX) As soon as your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To purchase ChainX (PCX) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot ChainX (PCX), you will need to insert the short name of the asset (PCX) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “PCX/BTC” to go on.
Step 4 – Buying ChainX (PCX) Once you've spotted ChainX (PCX), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price ChainX (PCX) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of PCX you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of PCX. When you're happy, click on “Buy PCX”. Your order will be filled as soon as a Vender trades their PCX for the price you submitted.
Step 5 – Withdraw ChainX (PCX) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your ChainX (PCX), go to the tab called “Funds” and click on “Withdraw”. ChainX (PCX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ChainX (PCX) by using the provided drop-down box. Drop in the quantity of ChainX (PCX) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, click “Submit”. You could be requested for phone/email verification before a take off.