How to Buy pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020)

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin buying and trading. To purchase pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to spot pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020), you will need to put the cointype (PXUSD-OCT2020) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we have marked this also. Click on “PXUSD-OCT2020/BTC” to progress.

Step 4 – Purchasing pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020)

Once you've spotted pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent rate pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of PXUSD-OCT2020 you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of PXUSD-OCT2020.

When you're glad, click on “Buy PXUSD-OCT2020”. Your plan will be filled when a Seller sells their PXUSD-OCT2020 for the price you submitted.

Step 5 – Withdraw pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. To withdraw your pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020), go to the tab called “Funds” and mouse click on “Withdraw”. pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) by using the provided drop-down box. Enter the amount of pxUSD Synthetic USD Expiring 1 November 2020 (PXUSD-OCT2020) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.