How to Buy Paxos Standard (PAX) in Anguilla

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your first $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Paxos Standard (PAX) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find {Paxos Standard (PAX)|(PAX) Paxos Standard}

As soon as your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To purchase {Paxos Standard (PAX)|(PAX) Paxos Standard} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to find {Paxos Standard (PAX)|(PAX) Paxos Standard}, you will need to insert the shortname of the coin (PAX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “PAX/BTC” to go ahead.

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

Once you have discovered {Paxos Standard (PAX)|(PAX) Paxos Standard}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most recent price {Paxos Standard (PAX)|(PAX) Paxos Standard} was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of PAX you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of PAX.

If you are happy, click on “Buy PAX”. Your order will be filled when a Vender trades their PAX for the price you introduced.

Step 5 – Withdraw {Paxos Standard (PAX)|(PAX) Paxos Standard}

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your {Paxos Standard (PAX)|(PAX) Paxos Standard}, hover over the ”Funds” tab and click on “Withdraw”. {Paxos Standard (PAX)|(PAX) Paxos Standard} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Paxos Standard (PAX)|(PAX) Paxos Standard} by using the given drop-down box. Enter the quantity of {Paxos Standard (PAX)|(PAX) Paxos Standard} you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

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

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the {Paxos Standard (PAX)|(PAX) Paxos Standard} is safe within your wallet, you are done.

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