A Step-by-Step-Guide on how to buy TenX (PAY)
Step 1 – Join Kraken You will first need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. TenX (PAY) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find TenX (PAY) As soon as your deposit has been affirmed, you'll now have access to your funds and you can commence purchasing and trading. To purchase TenX (PAY) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate TenX (PAY), you'll need to insert the shortname of the coin (PAY) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this too. Click on “PAY/BTC” to progress.
Step 4 – Buy TenX (PAY) After you've located TenX (PAY), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation TenX (PAY) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of PAY you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of PAY. If you're happy, make a mouse click on “Buy PAY”. Your plan will be filled when a Vender trades their PAY for the price you introduced.
Step 5 – Withdraw TenX (PAY) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer period of time. To withdraw your TenX (PAY), hover over the tab called “Funds” and click on “Withdraw”. TenX (PAY) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate TenX (PAY) by using the given drop-down box. Enter the quantity of TenX (PAY) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.