How to Buy Red Pulse Phoenix (PHX)

Step 1 – Join Kraken

You'll first need to buy one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive Bitcoin or Ethereum.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Red Pulse Phoenix (PHX) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate Red Pulse Phoenix (PHX)

As soon as your deposit has been approved, you will directly have access to your assets and you can initiate purchasing and trading. To purchase Red Pulse Phoenix (PHX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Red Pulse Phoenix (PHX), you will need to put the short name of the asset (PHX) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we've highlighted this too. Click on “PHX/BTC” to advance.

Step 4 – Purchase Red Pulse Phoenix (PHX)

As soon as you've spotted Red Pulse Phoenix (PHX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest price Red Pulse Phoenix (PHX) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of PHX you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of PHX.

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

Step 5 – Withdraw Red Pulse Phoenix (PHX)

Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. In order to withdraw your Red Pulse Phoenix (PHX), hover over the ”Funds” tab and click on “Withdraw”. Red Pulse Phoenix (PHX) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Red Pulse Phoenix (PHX) by using the provided drop-down box. Drop in the amount of Red Pulse Phoenix (PHX) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.