How to Buy WAX (WAXP)

A Step-by-Step-Guide on how to buy WAX (WAXP)

Step 1 – Join Kraken

You'll first need to buy one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. WAX (WAXP) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate WAX (WAXP)

Once your deposit has been affirmed, you will now have access to your assets and you can launch purchasing and trading. To invest in WAX (WAXP) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To spot WAX (WAXP), you will need to put the cointype (WAXP) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “WAXP/BTC” to go on.

Binance Hot To Buy WAX (WAXP)
Binance How to Buy (WAXP) WAX
Step 4 – Buy WAX (WAXP)

As soon as you have found WAX (WAXP), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff WAX (WAXP) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of WAXP you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of WAXP.

When you are glad, click on “Buy WAXP”. Your plan will be filled as soon as a Vendor trades their WAXP for the price you submitted.

Step 5 – Withdraw WAX (WAXP)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To withdraw your WAX (WAXP), go to the ”Funds” tab and mouse click on “Withdraw”. WAX (WAXP) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate WAX (WAXP) by using the provided drop-down box. Enter the amount of WAX (WAXP) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congratulations! You have successfully purchased and safed WAX (WAXP).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (WAXP) WAX is stored in your wallet, you're done.

Some other Guides on How to buy Coins

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