A Step-by-Step-Guide on 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 Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. ProxyNode (PRX) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find ProxyNode (PRX) As soon as your deposit has been approved, you will instantly have access to your funds and you can start buying and trading. To purchase ProxyNode (PRX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover ProxyNode (PRX), you'll need to insert the cointype (PRX) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we've highlighted this also. Click on “PRX/BTC” to go on.
Step 4 – Purchase ProxyNode (PRX) Once you have located ProxyNode (PRX), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The ”Price” field will be automatically filled with the most latest rate ProxyNode (PRX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of PRX you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete volumen of PRX. If you're glad, click on “Buy PRX”. Your order will be filled as soon as a Vendor trades their PRX for the price you submitted.
Step 5 – Withdraw ProxyNode (PRX) Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive period of time. In order to take off your ProxyNode (PRX), go to the ”Funds” tab and click on “Withdraw”. ProxyNode (PRX) can be stored safely 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 wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a take off.