How to Buy ProxyNode (PRX)

Step 1 – Signup to Kraken

You'll first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. ProxyNode (PRX) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate ProxyNode (PRX)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can launch purchasing and trading. To purchase ProxyNode (PRX) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to discover ProxyNode (PRX), you'll need to insert the cointype (PRX) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we have highlighted this also. Click on “PRX/BTC” to progress.

Step 4 – Buy ProxyNode (PRX)

As soon as you have discovered ProxyNode (PRX), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most recent valuation ProxyNode (PRX) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of PRX you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of PRX.

When you're happy, make a mouse click on “Buy PRX”. Your order will be filled as soon as a Vender sells their PRX for the price you gave.

Step 5 – Withdraw ProxyNode (PRX)

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To withdraw your ProxyNode (PRX), go to the ”Funds” tab and click on “Withdraw”. ProxyNode (PRX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find ProxyNode (PRX) by using the given drop-down box. Drop in the amount of ProxyNode (PRX) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.