How to Buy PhoenixDAO (PHNX) in Anguilla

A Step-by-Step-Guide on how to buy PhoenixDAO (PHNX) in Anguilla

Step 1 – Join Coinmama

You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
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 Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. PhoenixDAO (PHNX) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}

Once your deposit has been verified, you will directly have access to your assets and you can commence invest and trading. To buy {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}, you will need to insert the cointype (PHNX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this too. Click on “PHNX/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} PhoenixDAO (PHNX)
Step 4 – Purchase {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}

After you have located {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order.

The ”Price” field will be automatically filled with the most recent rate {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of PHNX you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of PHNX.

When you are satisfied, click on “Buy PHNX”. Your order will be filled as soon as a Seller sells their PHNX for the price you submitted.

Step 5 – Withdraw {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time period. In order to take off your {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO}, hover over the tab called “Funds” and click on “Withdraw”. {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} by using the provided drop-down box. Enter the volumen of {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully purchased and stored PhoenixDAO (PHNX) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the {PhoenixDAO (PHNX)|(PHNX) PhoenixDAO} is stored in your wallet, you are done.

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