A Step-by-Step-Guide on 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 Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has 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 funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Red Pulse Phoenix (PHX) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate invest and trading. To invest in Red Pulse Phoenix (PHX) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Red Pulse Phoenix (PHX), you will need to insert the shortname of the coin (PHX) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we've highlighted this too. Click on “PHX/BTC” to go ahead.
Step 4 – Acquisition of Red Pulse Phoenix (PHX) After you have found Red Pulse Phoenix (PHX), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Red Pulse Phoenix (PHX) was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of PHX you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of PHX. If you are satisfied, click on “Buy PHX”. Your order will be filled when a Seller sells their PHX for the price you introduced.
Step 5 – Withdraw Red Pulse Phoenix (PHX) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. To take off your Red Pulse Phoenix (PHX), hover over the ”Funds” tab and click on “Withdraw”. Red Pulse Phoenix (PHX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Red Pulse Phoenix (PHX) by using the given drop-down box. Put into the quantity of Red Pulse Phoenix (PHX) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via email/phone before a take off.