A Step-by-Step-Guide on how to buy Paypex (PAYX)
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Paypex (PAYX) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Paypex (PAYX) As soon as your deposit has been affirmed, you will now have access to your finances and you can commence purchasing and trading. To buy Paypex (PAYX) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To locate Paypex (PAYX), you will need to insert the shortname of the coin (PAYX) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “PAYX/BTC” to advance.
Step 4 – Purchasing Paypex (PAYX) Once you have located Paypex (PAYX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Paypex (PAYX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of PAYX you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of PAYX. When you are satisfied, make a mouse click on “Buy PAYX”. Your order will be filled when a Seller sells their PAYX for the price you offered.
Step 5 – Withdraw Paypex (PAYX) Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Paypex (PAYX), hover over the tab called “Funds” and mouse click on “Withdraw”. Paypex (PAYX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Paypex (PAYX) by using the given drop-down box. Enter the amount of Paypex (PAYX) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.