A Step-by-Step-Guide on how to buy Onix (ONX)
Step 1 – Join Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Onix (ONX) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Onix (ONX) Once your deposit has been approved, you will instantly have access to your assets and you can initiate purchasing and trading. To purchase Onix (ONX) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find Onix (ONX), you will need to put the short name of the asset (ONX) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “ONX/BTC” to proceed.
Step 4 – Purchase Onix (ONX) As soon as you have located Onix (ONX), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price Onix (ONX) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of ONX you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of ONX. If you're satisfied, make a mouse click on “Buy ONX”. Your plan will be filled when a Seller trades their ONX for the price you introduced.
Step 5 – Withdraw Onix (ONX) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extensive time frame. To withdraw your Onix (ONX), go to the tab called “Funds” and click on “Withdraw”. Onix (ONX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Onix (ONX) by using the given drop-down box. Enter the volumen of Onix (ONX) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.