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 (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. yAxis (YAX) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate yAxis (YAX)

Once your deposit has been verified, you'll immediately have access to your finances and you can launch purchasing and trading. To purchase yAxis (YAX) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find yAxis (YAX), you will need to insert the short name of the asset (YAX) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we've highlighted this too. Click on “YAX/BTC” to progress.

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

After you have found yAxis (YAX), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price yAxis (YAX) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of YAX you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of YAX.

When you are satisfied, make a mouse click on “Buy YAX”. Your plan will be filled when a Seller trades their YAX for the price you submitted.

Step 5 – Withdraw yAxis (YAX)

Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to withdraw your yAxis (YAX), go to the tab called “Funds” and click on “Withdraw”. yAxis (YAX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate yAxis (YAX) by using the provided drop-down box. Drop in the volumen of yAxis (YAX) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and stored yAxis (YAX).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (YAX) yAxis is safe within your wallet, you're all done.
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