How to Buy KnoxFS (KFX)

Step 1 – Join Kraken

You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. KnoxFS (KFX) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find KnoxFS (KFX)

Once your deposit has been confirmed, you will directly have access to your assets and you can launch invest and trading. To buy KnoxFS (KFX) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To spot KnoxFS (KFX), you'll need to insert the short name of the asset (KFX) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “KFX/BTC” to go on.

Step 4 – Buy KnoxFS (KFX)

Once you have spotted KnoxFS (KFX), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate KnoxFS (KFX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of KFX you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of KFX.

When you're glad, make a mouse click on “Buy KFX”. Your plan will be filled when a Vendor sells their KFX for the price you submitted.

Step 5 – Withdraw KnoxFS (KFX)

Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your KnoxFS (KFX), go to the tab called “Funds” and mouse click on “Withdraw”. KnoxFS (KFX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find KnoxFS (KFX) by using the provided drop-down box. Put into the volumen of KnoxFS (KFX) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

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