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 (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. ChainX (PCX) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate ChainX (PCX) As soon as your deposit has been approved, you'll instantly have access to your funds and you can start buying and trading. To purchase ChainX (PCX) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate ChainX (PCX), you will need to insert the cointype (PCX) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've marked 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 Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date rate ChainX (PCX) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of PCX you wish to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of PCX. When you are satisfied, make a mouse click on “Buy PCX”. Your plan will be filled when a Seller trades 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 Crypto Trader for an extensive time frame. In order to withdraw your ChainX (PCX), hover over the tab called “Funds” and click on “Withdraw”. ChainX (PCX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ChainX (PCX) by using the given drop-down box. Enter the quantity of ChainX (PCX) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.