A Step-by-Step-Guide on how to buy WAX (WAXP)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. WAX (WAXP) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find (WAXP) WAX As soon as your deposit has been verified, you'll directly have access to your funds and you can commence purchasing and trading. To invest in (WAXP) WAX on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To locate (WAXP) WAX, you'll need to put the cointype (WAXP) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this too. Click on “WAXP/BTC” to advance.
Step 4 – Acquisition of (WAXP) WAX Once you've located WAX (WAXP), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our Limit Order. The “Price” field will be automatically filled with the most recent price WAX (WAXP) was traded for. You can change this to your preferred price. The “Amount” field is the volumen of WAXP you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of WAXP. When you are satisfied, make a mouse click on “Buy WAXP”. Your plan will be filled when a Vendor trades their WAXP for the price you gave.
Step 5 – Withdraw (WAXP) WAX Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extensive time period. In order to take off your WAX (WAXP), go to the tab called “Funds” and mouse click on “Withdraw”. (WAXP) WAX can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find WAX (WAXP) by using the provided drop-down box. Put into the amount of (WAXP) WAX you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be requested for email/phone verification before a take off.