19 octubre, 2018 0

Do you know how to buy BTC with your ONX? We’ll explain it

Do you know how to buy BTC with your ONX? We’ll explain it

One of the most frequent questions when obtaining ONX is always how to exchange it with other cryptocurrencies. Of the cryptocurrencies that most questions are received, we can say that the change from ONX to BTC is the most questioned of all. That is why in the following article we wanted to explain what are the ways to change the ONX you have bought from BTC.

Do you know how to buy BTC with your ONX? We’ll explain it

Step 1: Get you ONX

The first thing you must do to be able to change your ONX, in case of not having them, is obviously to acquire ONX. You can do this through our Sales Center, buying ONX with BsS, BTC or ETH. To do this, you must register at ventas.onixcoin.com, entering your information and confirming your account via e-mail. After that, you must make an order to buy ONX, according to the amount you want to buy.

Then, you have to enter the “My Orders” section, where you’ll find your order with the status of “Pending”, and next to it a “Pay” button. From there, a window will appear with the bank details to make the transfer. You’ll have a period of 45min to make the payment, otherwise the order’ll be canceled.

You must save the voucher in JPG, JPEG, PNG or PDF format. When you attach the voucher, you have to fill in the boxes that appear in the window.

After this, you will see that your order will go from “Pending” to “Pending by verification”. Here, you’ll wait 24 hours for the validation of your data and confirmation of payment. After this period of time, you’ll have your ONXs in the balance of the Sales Center wallet. If you already have ONX in your Sales Center, you can skip this step.

Step 2: Create an account in one of the exchanges that accept ONX

OnixCoin is accepted for the moment in three exchanges: YoBit, Tradesatoshi and Braziliex. You can register in any of these three exchanges to transfer your ONX. The first thing you have to do is go to the website of the exchange of your choice.

Once the page is opened, you’ll locate the registration button, which can say “Registration” or “Register”. In the case of YoBit, it’s in the upper right corner of the page. You must fill in the requested information and create a password according to the specifications of the page. For example, YoBit asks for a password of no less than 8 characters and must contain at least one uppercase, one lowercase and one number.

Some exchanges request verification of the reCAPTCHA, you can do it by clicking on the “I am not a robot” box. A window for verification may appear by selecting boxes. Here you must do what the box asks for and when finished, click on the “Verify” button. After this, you should get a registration verification email. After verifying your registration, you will be able to login to this exchange.

Step 3: Deposit ONX in said exchange

In order to deposit your ONX in the exchange, you must search for your ONX wallet on the page. This will be explained in the case of YoBit. In this particular exchange, you can find your Wallets in the “Wallets” section, which you’ll find at the top of the page. There, you will search in the “Search” or “Search” ONX section. When finding the ONX, you will select the positive “+” to receive.

From here a window with a QR code and a Wallet address will appear. This is your Wallet address for ONX. Copy the Wallet address and you must go to the ONX Sales Center page. Here, go to the “Wallet” section, and in the “Send Funds” section, paste the Wallet address and click on the submit button.

Here you have already sent your ONX to the exchange. You should only verify that the shipment was made to start changing your ONX for BTC.

Step 4: Exchange your ONX for BTC

To exchange your ONX for BTC, you must return to the exchange in which you have sent your ONX. In the case of YoBit, you must enter the Market option, choose the option or pair BTC and in the search panel enter ONX. Here, you will select the first option and you will have to wait for the page to load and the indicators change depending on the ONX.

After this, you must go to the purchase module, or “BUY”. Here you’ll place the amount of ONX you want to sell and the price, you can place a purchase price equal or different to the purchase price, depending on what you want to do. You can also place the total BTC you want to buy, and the platform will calculate the amount of ONX you would need. Once done, you must click on the “Buy” button.

Now you just have to wait for the transaction to be done in order to enjoy your BTC. If you want to change your ONX for another cryptocurrency, you just have to make the change to BTC and from there to any other cryptocurrency of the exchange. In the case of YoBit, it does not charge commissions to receive shipments of cryptocurrencies, but it does have a commission of 0.2% of the total BTC purchased.

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