A Step-by-Step-Guide on how to buy KnoxFS (KFX) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. KnoxFS (KFX) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find KnoxFS (KFX) As soon as your deposit has been verified, you will now have access to your assets and you can launch buying and trading. To buy KnoxFS (KFX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate KnoxFS (KFX), you will need to put the shortname of the coin (KFX) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we've marked this too. Click on “KFX/BTC” to go ahead.
Step 4 – Purchase KnoxFS (KFX) As soon as you have located KnoxFS (KFX), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate KnoxFS (KFX) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of KFX you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of KFX. If you are happy, click on “Buy KFX”. Your plan will be filled when a Vendor trades their KFX for the price you gave.
Step 5 – Withdraw KnoxFS (KFX) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your KnoxFS (KFX), go to the ”Funds” tab and mouse click on “Withdraw”. KnoxFS (KFX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate KnoxFS (KFX) by using the given drop-down box. Put into the amount of KnoxFS (KFX) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.
Congratulations! You have successfully bought and stored KnoxFS (KFX) in Anguilla.That's it! Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the KnoxFS (KFX) is safe within your wallet, you are finished.
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