How to Buy Paxos Standard (PAX) in Armenia

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

Step 1 – Signup to Coinmama

You'll first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

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

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

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

As soon as your deposit has been verified, you will immediately have access to your funds and you can commence invest and trading. To purchase {Paxos Standard (PAX)|(PAX) Paxos Standard} on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

To locate {Paxos Standard (PAX)|(PAX) Paxos Standard}, you will need to insert the cointype (PAX) into the search box, which is highlighted in the image. Be certain of having selected the right pairing, 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 – Purchase {Paxos Standard (PAX)|(PAX) Paxos Standard}

After you've discovered {Paxos Standard (PAX)|(PAX) Paxos Standard}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order.

The ”Price” field will be filled automatically with the up-to-date valuation {Paxos Standard (PAX)|(PAX) Paxos Standard} was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of PAX you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of PAX.

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

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

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. In order to take off your {Paxos Standard (PAX)|(PAX) Paxos Standard}, go to the tab called “Funds” and mouse click on “Withdraw”. {Paxos Standard (PAX)|(PAX) Paxos Standard} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Paxos Standard (PAX)|(PAX) Paxos Standard} by using the provided drop-down box. Drop in the quantity of {Paxos Standard (PAX)|(PAX) Paxos Standard} you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congrats! You have successfully purchased and stored Paxos Standard (PAX) in Armenia.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {Paxos Standard (PAX)|(PAX) Paxos Standard} is stored in your wallet, you're finished.

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