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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. ChainX (PCX) is accessible 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 how-to)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find ChainX (PCX)

Once your deposit has been approved, you will immediately have access to your finances and you can commence buying and trading. To buy ChainX (PCX) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To spot ChainX (PCX), you'll need to insert the cointype (PCX) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “PCX/BTC” to proceed.

Step 4 – Purchasing ChainX (PCX)

After you have found ChainX (PCX), you'll be given a Chart with Prices (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 field with the “Price” tag will be automatically filled with the most latest valuation ChainX (PCX) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of PCX you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of PCX.

If you are satisfied, make a mouse click on “Buy PCX”. Your plan will be filled when a Vendor 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 Exchange for an longer time frame. To withdraw your ChainX (PCX), hover over the ”Funds” tab and mouse click on “Withdraw”. ChainX (PCX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate ChainX (PCX) by using the given drop-down box. Put into the quantity of ChainX (PCX) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.