A Step-by-Step-Guide on how to buy WandX (WAND)
Step 1 – Signup to Kraken You will first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. WandX (WAND) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find WandX (WAND) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can start invest and trading. To buy WandX (WAND) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover WandX (WAND), you will need to insert the cointype (WAND) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “WAND/BTC” to go on.
Step 4 – Purchasing WandX (WAND) Once you've discovered WandX (WAND), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate WandX (WAND) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of WAND you like to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of WAND. If you're glad, click on “Buy WAND”. Your order will be filled as soon as a Vendor sells their WAND for the price you offered.
Step 5 – Withdraw WandX (WAND) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to take off your WandX (WAND), hover over the ”Funds” tab and mouse click on “Withdraw”. WandX (WAND) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate WandX (WAND) by using the provided drop-down box. Enter the volumen of WandX (WAND) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You could be asked for phone/email verification ahead of a take off.