A Step-by-Step-Guide on how to buy WAX (WAXP)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. WAX (WAXP) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find WAX (WAXP) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can commence buying and trading. To purchase WAX (WAXP) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to locate WAX (WAXP), you'll need to put the short name of the asset (WAXP) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “WAXP/BTC” to go on.
Step 4 – Purchase WAX (WAXP) After you have discovered WAX (WAXP), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the up-to-date price WAX (WAXP) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of WAXP you like to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of WAXP. If you're satisfied, make a mouse click on “Buy WAXP”. Your plan will be filled as soon as a Vender sells their WAXP for the price you introduced.
Step 5 – Withdraw WAX (WAXP) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer time period. In order to withdraw your WAX (WAXP), go to the ”Funds” tab and mouse click on “Withdraw”. WAX (WAXP) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate WAX (WAXP) by using the given drop-down box. Put into the amount of WAX (WAXP) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.