A Step-by-Step-Guide on how to buy XCoinPay (DYX)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and to get your first $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. XCoinPay (DYX) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate (DYX) XCoinPay As soon as your deposit has been verified, you'll immediately have access to your finances and you can begin buying and trading. To invest in (DYX) XCoinPay on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To spot (DYX) XCoinPay, you'll need to insert the short name of the asset (DYX) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “DYX/BTC” to progress.
Step 4 – Buy (DYX) XCoinPay As soon as you've located (DYX) XCoinPay, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our Limit Order. The field with the “Price” tag will be filled with the latest rate (DYX) XCoinPay was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of DYX you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete amount of DYX. When you're glad, make a mouse click on “Buy DYX”. Your order will be filled as soon as a Vendor trades their DYX for the price you submitted.
Step 5 – Withdraw XCoinPay (DYX) Unless you're trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. To withdraw your XCoinPay (DYX), go to the tab called “Funds” and click on “Withdraw”. XCoinPay (DYX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find XCoinPay (DYX) by using the provided drop-down box. Drop in the quantity of XCoinPay (DYX) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.