How to Buy ProxyNode (PRX)

A Step-by-Step-Guide on how to buy ProxyNode (PRX)

Step 1 – Join CEX.io

In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive Funds.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. ProxyNode (PRX) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate (PRX) ProxyNode

Once your deposit has been approved, you will instantly have access to your finances and you can begin invest and trading. To invest in (PRX) ProxyNode on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (PRX) ProxyNode, you will need to put the short name of the asset (PRX) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “PRX/BTC” to advance.

Binance Hot To Buy ProxyNode (PRX)
Binance How to Buy (PRX) ProxyNode
Step 4 – Buy (PRX) ProxyNode

Once you've discovered (PRX) ProxyNode, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The ”Price” field will be filled automatically with the latest rate (PRX) ProxyNode was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of PRX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of PRX.

If you're glad, click on “Buy PRX”. Your order will be filled when a Seller trades their PRX for the price you introduced.

Step 5 – Withdraw (PRX) ProxyNode

Unless you're trading, never keep your crypto on an Exchange for an extended time period. In order to take off your (PRX) ProxyNode, go to the ”Funds” tab and click on “Withdraw”. (PRX) ProxyNode can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (PRX) ProxyNode by using the provided drop-down box. Drop in the quantity of (PRX) ProxyNode you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and stored (PRX) ProxyNode.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (PRX) ProxyNode is safe inside your wallet, you are done.