How to Buy Tuxcoin (TUX)

A Step-by-Step-Guide on how to buy Tuxcoin (TUX)

Step 1 – Join CEX.io

In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Tuxcoin (TUX) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find Tuxcoin (TUX)

As soon as your deposit has been affirmed, you will immediately have access to your assets and you can launch invest and trading. To purchase Tuxcoin (TUX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To discover Tuxcoin (TUX), you will need to insert the cointype (TUX) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we have highlighted this also. Click on “TUX/BTC” to go ahead.

Binance Hot To Buy Tuxcoin (TUX)
Binance How to Buy (TUX) Tuxcoin
Step 4 – Purchase (TUX) Tuxcoin

Once you've spotted (TUX) Tuxcoin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate (TUX) Tuxcoin was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of TUX you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of TUX.

When you are glad, make a mouse click on “Buy TUX”. Your plan will be filled when a Seller trades their TUX for the price you offered.

Step 5 – Withdraw Tuxcoin (TUX)

Unless you're frequently trading, never keep your coins on an Exchange for an extensive time frame. To withdraw your Tuxcoin (TUX), hover over the ”Funds” tab and mouse click on “Withdraw”. Tuxcoin (TUX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Tuxcoin (TUX) by using the provided drop-down box. Drop in the volumen of Tuxcoin (TUX) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Congrats! You have successfully bought and safed (TUX) Tuxcoin.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (TUX) Tuxcoin is safe in your wallet, you're done.