How to Buy yAxis (YAX)

A Step-by-Step-Guide on how to buy yAxis (YAX)

Step 1 – Signup to Kraken

You'll first need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get BTC (Bitcoin) or ETH (Ethereum).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. yAxis (YAX) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find yAxis (YAX)

Once your deposit has been verified, you will now have access to your finances and you can initiate invest and trading. To invest in yAxis (YAX) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To spot yAxis (YAX), you'll need to put the cointype (YAX) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we have marked this too. Click on “YAX/BTC” to continue.

Binance Hot To Buy yAxis (YAX)
Binance How to Buy (YAX) yAxis
Step 4 – Acquisition of yAxis (YAX)

Once you have located yAxis (YAX), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation yAxis (YAX) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of YAX you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of YAX.

If you're satisfied, click on “Buy YAX”. Your order will be filled when a Seller trades their YAX for the price you submitted.

Step 5 – Withdraw yAxis (YAX)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. In order to take off your yAxis (YAX), hover over the ”Funds” tab and mouse click on “Withdraw”. yAxis (YAX) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate yAxis (YAX) by using the given drop-down box. Put into the quantity of yAxis (YAX) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

Binance Withdraw

Congratulations! You've successfully purchased and stored yAxis (YAX).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (YAX) yAxis is stored in your wallet, you are finished.

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