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 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. ProxyNode (PRX) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate ProxyNode (PRX) As soon as your deposit has been affirmed, you will directly have access to your funds and you can initiate purchasing and trading. To buy ProxyNode (PRX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot ProxyNode (PRX), you will need to insert the short name of the asset (PRX) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “PRX/BTC” to advance.
Step 4 – Buying ProxyNode (PRX) Once you have found ProxyNode (PRX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff ProxyNode (PRX) was sold for. You can change this to your desired price. The ”Amount” field is the amount of PRX you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of PRX. If you are glad, make a mouse click on “Buy PRX”. Your order will be filled as soon as a Vendor trades their PRX for the price you offered.
Step 5 – Withdraw ProxyNode (PRX) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your ProxyNode (PRX), hover over the ”Funds” tab and click on “Withdraw”. ProxyNode (PRX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ProxyNode (PRX) by using the provided drop-down box. Drop in the volumen of ProxyNode (PRX) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.