A Step-by-Step-Guide on how to buy ALAX (ALX)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. ALAX (ALX) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find ALAX (ALX) Once your deposit has been approved, you'll instantly have access to your funds and you can begin invest and trading. To buy ALAX (ALX) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find ALAX (ALX), you'll need to insert the shortname of the coin (ALX) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “ALX/BTC” to continue.
Step 4 – Buying ALAX (ALX) As soon as you've spotted ALAX (ALX), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The “Price” field will be automatically filled with the latest price (ALX) ALAX was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of ALX you like to purchase. The “Total” field is the total price in Bitcoin that you will pay for the complete volumen of ALX. If you're satisfied, click on “Buy ALX”. Your order will be filled as soon as a Seller trades their ALX for the price you submitted.
Step 5 – Withdraw (ALX) ALAX Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. In order to withdraw your (ALX) ALAX, go to the tab called “Funds” and click on “Withdraw”. ALAX (ALX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ALX) ALAX by using the provided drop-down box. Enter the quantity of (ALX) ALAX you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.