How to Buy Tuxcoin (TUX)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and to get Ethereum or Bitcoin.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Tuxcoin (TUX) is accessible 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've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find Tuxcoin (TUX)

Once your deposit has been approved, you will directly have access to your finances and you can begin invest and trading. To buy Tuxcoin (TUX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot Tuxcoin (TUX), you will need to insert the short name of the asset (TUX) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “TUX/BTC” to continue.

Step 4 – Purchasing Tuxcoin (TUX)

After you've discovered Tuxcoin (TUX), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order.

The ”Price” field will be filled with the most latest price Tuxcoin (TUX) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of TUX you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of TUX.

If you are satisfied, click on “Buy TUX”. Your plan will be filled as soon as a Seller trades their TUX for the price you offered.

Step 5 – Withdraw Tuxcoin (TUX)

Unless you are regularly trading, never keep your crypto coins on an Exchange for an longer time period. To take off your Tuxcoin (TUX), go to the ”Funds” tab and click on “Withdraw”. Tuxcoin (TUX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Tuxcoin (TUX) by using the provided drop-down box. Put into the volumen of Tuxcoin (TUX) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click “Submit”. You may be requested for verfication via email/phone before a take off.