A Step-by-Step-Guide on how to buy yAxis (YAX)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. yAxis (YAX) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find yAxis (YAX) Once your deposit has been verified, you'll directly have access to your assets and you can commence purchasing and trading. To buy (YAX) yAxis on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover yAxis (YAX), you will need to insert the cointype (YAX) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this too. Click on “YAX/BTC” to progress.
Step 4 – Buy (YAX) yAxis After you have discovered yAxis (YAX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're making our Limit Order. The “Price” field will be automatically filled with the recent valuation yAxis (YAX) was sold for. You can change this to your desired price. The “Amount” field is the amount of YAX you wish to buy. The “Total” field is the total price in Bitcoin that you'll pay for the complete quantity of YAX. If you are happy, click on “Buy YAX”. Your order will be filled when a Vender trades their YAX for the price you gave.
Step 5 – Withdraw (YAX) yAxis Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (YAX) yAxis, hover over the “Funds” tab and click on “Withdraw”. (YAX) yAxis can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find yAxis (YAX) by using the provided drop-down box. Drop in the quantity of (YAX) yAxis you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.