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).

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. yAxis (YAX) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the right coin you want to deposit.

BTC 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 divergent (Follow our manual).

Step 3 – Find yAxis (YAX)

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can commence buying and trading. To invest in yAxis (YAX) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover yAxis (YAX), you will need to put the shortname of the coin (YAX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “YAX/BTC” to continue.

Step 4 – Purchase yAxis (YAX)

Once you have located yAxis (YAX), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff yAxis (YAX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of YAX you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of YAX.

When you are satisfied, make a mouse click on “Buy YAX”. Your order will be filled as soon as a Vendor trades their YAX for the price you gave.

Step 5 – Withdraw yAxis (YAX)

Unless you're frequently trading, you should never keepyour coins on an Exchange for an extensive period of time. To withdraw your yAxis (YAX), hover over the tab called “Funds” and click on “Withdraw”. yAxis (YAX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.