How to Buy Paxos Standard (PAX)

A Step-by-Step-Guide on how to buy Paxos Standard (PAX)

You receive the 10$ sign up bonus when you initiate a sell or buy of $100 USD or more within 180 days of opening your account. It can also be $100 equivalent of your domestic currency and the amount can be a cumulative 100 USD, so it can happen over more than one purchase.

Also: you only get the bonus when you create an account with the Coinbase Promo Code Link from this site!

Step 1 – Join Coinbase and receive 10 $ Bonus in BTC

Use the following button and join at Coinbase.

Provide an email address, take a username, and pick a strong, secure password.

The infrastructure and website of Coinbase is secure and fast, so you're personal data is safe.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Paxos Standard (PAX) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a Bitcoin 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 unlike (Follow our guide).

Step 3 – Locate Paxos Standard (PAX)

As soon as your deposit has been approved, you will immediately have access to your assets and you can commence invest and trading. To invest in (PAX) Paxos Standard on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover Paxos Standard (PAX), you will need to insert the short name of the asset (PAX) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “PAX/BTC” to proceed.

Step 4 – Purchase (PAX) Paxos Standard

As soon as you have spotted Paxos Standard (PAX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date valuation (PAX) Paxos Standard was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of PAX you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of PAX.

When you're glad, click on “Buy PAX”. Your order will be filled when a Seller sells their PAX for the price you gave.

Step 5 – Withdraw Paxos Standard (PAX)

Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to take off your Paxos Standard (PAX), go to the “Funds” tab and click on “Withdraw”. Paxos Standard (PAX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (PAX) Paxos Standard by using the given drop-down box. Drop in the amount of (PAX) Paxos Standard you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully purchased and stored Paxos Standard (PAX).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the Paxos Standard (PAX) is safe in your wallet, you're all done.

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