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).
Step 2 – Transmit Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. WAX (WAXP) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find WAX (WAXP) Once your deposit has been approved, you'll instantly have access to your funds and you can start purchasing and trading. To buy WAX (WAXP) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to find WAX (WAXP), you'll need to put the cointype (WAXP) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this also. Click on “WAXP/BTC” to continue.
Step 4 – Purchase WAX (WAXP) As soon as you've located WAX (WAXP), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled automatically with the latest rate WAX (WAXP) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of WAXP you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of WAXP. When you are glad, make a mouse click on “Buy WAXP”. Your order will be filled when a Seller sells their WAXP for the price you offered.
Step 5 – Withdraw WAX (WAXP) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To withdraw your WAX (WAXP), go to the ”Funds” tab and click on “Withdraw”. WAX (WAXP) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find WAX (WAXP) by using the given drop-down box. Enter the quantity of WAX (WAXP) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You may be requested for email/phone verification before a withdrawal.