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 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. TenX (PAY) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate TenX (PAY) Once your deposit has been approved, you'll instantly have access to your assets and you can launch invest and trading. To buy TenX (PAY) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate TenX (PAY), you will need to put the shortname of the coin (PAY) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “PAY/BTC” to progress.
Step 4 – Purchase TenX (PAY) After you've spotted TenX (PAY), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most latest rate TenX (PAY) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of PAY you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of PAY. When you are satisfied, make a mouse click on “Buy PAY”. Your plan will be filled when a Vendor sells their PAY for the price you submitted.
Step 5 – Withdraw TenX (PAY) Unless you are regularly trading, never keep your coins on an Exchange for an extended time frame. To take off your TenX (PAY), hover over the tab called “Funds” and click on “Withdraw”. TenX (PAY) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate TenX (PAY) by using the provided drop-down box. Enter the amount of TenX (PAY) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.