How to Buy Predix Network (PRDX)

A Step-by-Step-Guide on how to buy Predix Network (PRDX)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You'll first need to buy one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

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

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

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Predix Network (PRDX)

Once your deposit has been approved, you'll immediately have access to your assets and you can initiate purchasing and trading. To buy (PRDX) Predix Network on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to find (PRDX) Predix Network, you'll need to insert the cointype (PRDX) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “PRDX/BTC” to advance.

How to buy Coin on Binance 1 Predix Network (PRDX)
Step 4 – Buying Predix Network (PRDX)

After you have found Predix Network (PRDX), 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 making our own Limit Order.

The “Price” field will be automatically filled with the recent tariff Predix Network (PRDX) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of PRDX you wish to buy. The “Total” field is the whole price in BTC that you'll pay for the whole volumen of PRDX.

When you're glad, click on “Buy PRDX”. Your plan will be filled as soon as a Vender sells their PRDX for the price you submitted.

Step 5 – Withdraw (PRDX) Predix Network

Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Predix Network (PRDX), hover over the “Funds” tab and click on “Withdraw”. (PRDX) Predix Network can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Predix Network (PRDX) by using the provided drop-down box. Enter the amount of Predix Network (PRDX) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, click “Submit”. You may be asked for phone/email verification before a withdrawal.

Congrats! You have successfully bought and stored (PRDX) Predix Network.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Predix Network (PRDX) is stored inside your wallet, you're finished.