A Step-by-Step-Guide on how to buy Phoenixcoin (PXC)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting Funds.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Phoenixcoin (PXC) 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 Exchange? (Follow these easy steps) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (PXC) Phoenixcoin Once your deposit has been verified, you will now have access to your funds and you can commence buying and trading. To buy (PXC) Phoenixcoin on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To find (PXC) Phoenixcoin, you will need to put the shortname of the coin (PXC) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “PXC/BTC” to advance.
Step 4 – Acquisition of Phoenixcoin (PXC) After you've spotted Phoenixcoin (PXC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The ”Price” field will be filled with the latest tariff Phoenixcoin (PXC) was sold for. You can change this to your favoured price. The ”Amount” field is the amount of PXC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of PXC. When you are glad, click on “Buy PXC”. Your order will be filled when a Vendor trades their PXC for the price you introduced.
Step 5 – Withdraw (PXC) Phoenixcoin Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (PXC) Phoenixcoin, go to the tab called “Funds” and click on “Withdraw”. (PXC) Phoenixcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (PXC) Phoenixcoin by using the given drop-down box. Enter the quantity of (PXC) Phoenixcoin you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.