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).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. yAxis (YAX) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find yAxis (YAX) As soon as your deposit has been confirmed, you will directly have access to your finances and you can commence invest and trading. To buy yAxis (YAX) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. To discover yAxis (YAX), you will need to put the short name of the asset (YAX) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “YAX/BTC” to advance.
Step 4 – Purchase yAxis (YAX) After you have found yAxis (YAX), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation yAxis (YAX) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of YAX you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of YAX. When you are happy, click on “Buy YAX”. Your plan will be filled when a Seller trades their YAX for the price you introduced.
Step 5 – Withdraw yAxis (YAX) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. In order to take off your yAxis (YAX), go to the tab called “Funds” and mouse click on “Withdraw”. yAxis (YAX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find yAxis (YAX) by using the provided drop-down box. Enter the quantity 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. If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.