How to Buy Paxos Standard (PAX) in Anguilla

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

Step 1 – Join Coinmama

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Paxos Standard (PAX) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate Paxos Standard (PAX)

Once your deposit has been confirmed, you'll directly have access to your finances and you can start invest and trading. To invest in Paxos Standard (PAX) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to locate Paxos Standard (PAX), you will need to put the short name of the asset (PAX) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have highlighted this also. Click on “PAX/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Paxos Standard (PAX)
Step 4 – Buy Paxos Standard (PAX)

As soon as you have located Paxos Standard (PAX), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Paxos Standard (PAX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of PAX you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of PAX.

If you are satisfied, make a mouse click on “Buy PAX”. Your plan will be filled as soon as a Vender trades their PAX for the price you offered.

Step 5 – Withdraw Paxos Standard (PAX)

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Paxos Standard (PAX), hover over the ”Funds” tab and click on “Withdraw”. Paxos Standard (PAX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Paxos Standard (PAX) by using the given drop-down box. Put into the quantity of Paxos Standard (PAX) 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 happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and stored Paxos Standard (PAX) in Anguilla.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Paxos Standard (PAX) is safe in your wallet, you are done.

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