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 (BTC) or Ethereum (ETH) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. yAxis (YAX) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate yAxis (YAX)

Once your deposit has been confirmed, you'll instantly have access to your assets and you can start buying and trading. To buy yAxis (YAX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to find yAxis (YAX), you will need to put the cointype (YAX) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “YAX/BTC” to go on.

Step 4 – Purchase yAxis (YAX)

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

The ”Price” field will be automatically filled with the most latest valuation yAxis (YAX) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of YAX you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of YAX.

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

Step 5 – Withdraw yAxis (YAX)

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your yAxis (YAX), go to the tab called “Funds” and mouse click on “Withdraw”. yAxis (YAX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find yAxis (YAX) by using the given drop-down box. Drop in the amount of yAxis (YAX) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.