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 Bitcoin (BTC) or Ethereum (ETH) 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 accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find WAX (WAXP)

As soon as your deposit has been affirmed, you'll now have access to your assets and you can initiate invest and trading. To buy WAX (WAXP) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To find WAX (WAXP), you'll need to insert the shortname of the coin (WAXP) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “WAXP/BTC” to proceed.

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

Once you've spotted WAX (WAXP), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to create 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. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of WAXP you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of WAXP.

When you are glad, make a mouse click on “Buy WAXP”. Your order will be filled when a Vendor trades their WAXP for the price you gave.

Step 5 – Withdraw WAX (WAXP)

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your WAX (WAXP), go to the tab called “Funds” and click on “Withdraw”. WAX (WAXP) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate WAX (WAXP) by using the given drop-down box. Put into the amount of WAX (WAXP) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

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

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (WAXP) WAX is stored within your wallet, you're done.

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