How to Buy Red Pulse Phoenix (PHX)

A Step-by-Step-Guide on how to buy Red Pulse Phoenix (PHX)

Step 1 – Signup to CEX.io

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

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Red Pulse Phoenix (PHX) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Red Pulse Phoenix (PHX)

As soon as your deposit has been approved, you'll now have access to your finances and you can commence purchasing and trading. To purchase Red Pulse Phoenix (PHX) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover Red Pulse Phoenix (PHX), you'll need to put the shortname of the coin (PHX) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this too. Click on “PHX/BTC” to advance.

Binance Hot To Buy Red Pulse Phoenix (PHX)
Binance How to Buy (PHX) Red Pulse Phoenix
Step 4 – Purchasing (PHX) Red Pulse Phoenix

After you've spotted (PHX) Red Pulse Phoenix, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled with the most recent valuation (PHX) Red Pulse Phoenix was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of PHX you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of PHX.

When you are happy, make a mouse click on “Buy PHX”. Your order will be filled when a Vendor trades their PHX for the price you introduced.

Step 5 – Withdraw (PHX) Red Pulse Phoenix

Unless you're trading, best advise is not to keep your coins on an Exchange for an extensive time frame. To withdraw your (PHX) Red Pulse Phoenix, go to the ”Funds” tab and mouse click on “Withdraw”. (PHX) Red Pulse Phoenix can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (PHX) Red Pulse Phoenix by using the given drop-down box. Drop in the quantity of (PHX) Red Pulse Phoenix you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and safed (PHX) Red Pulse Phoenix.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (PHX) Red Pulse Phoenix is safe in your wallet, you are done.