How to Buy WAX (WAXP) in Australia

A Step-by-Step-Guide on how to buy WAX (WAXP) in Australia

Step 1 – Join Coinmama

You will first need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. WAX (WAXP) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate {WAX (WAXP)|(WAXP) WAX}

Once your deposit has been verified, you'll now have access to your assets and you can start buying and trading. To buy {WAX (WAXP)|(WAXP) WAX} on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To find {WAX (WAXP)|(WAXP) WAX}, you'll need to insert the shortname of the coin (WAXP) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “WAXP/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} WAX (WAXP)
Step 4 – Acquisition of {WAX (WAXP)|(WAXP) WAX}

Once you've located {WAX (WAXP)|(WAXP) WAX}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate {WAX (WAXP)|(WAXP) WAX} was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of WAXP you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of WAXP.

When you're glad, make a mouse click on “Buy WAXP”. Your order will be filled as soon as a Vender trades their WAXP for the price you introduced.

Step 5 – Withdraw {WAX (WAXP)|(WAXP) WAX}

Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your {WAX (WAXP)|(WAXP) WAX}, go to the tab called “Funds” and mouse click on “Withdraw”. {WAX (WAXP)|(WAXP) WAX} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {WAX (WAXP)|(WAXP) WAX} by using the provided drop-down box. Put into the volumen of {WAX (WAXP)|(WAXP) WAX} you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Congratulations! You have successfully purchased and stored WAX (WAXP) in Australia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {WAX (WAXP)|(WAXP) WAX} is safe inside your wallet, you're done.

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