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).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. 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 Crypto Trader? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find WAX (WAXP)

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

In order to find WAX (WAXP), you'll need to insert the short name of the asset (WAXP) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “WAXP/BTC” to advance.

Step 4 – Buy WAX (WAXP)

As soon as you have found WAX (WAXP), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation WAX (WAXP) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of WAXP you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of WAXP.

If you are happy, click on “Buy WAXP”. Your plan will be filled when a Seller sells their WAXP for the price you offered.

Step 5 – Withdraw WAX (WAXP)

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to take off your WAX (WAXP), go to the tab called “Funds” and mouse click on “Withdraw”. WAX (WAXP) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find WAX (WAXP) by using the provided drop-down box. Enter the volumen of WAX (WAXP) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.