How to Use Bilaxy Exchange

Obtaining NRVE is a multistep process as you cannot buy NRVE directly. BIlaxy has an ETH/NRVE trade pairing. Therefore, you will need to have the Ethereum (ETH) cryptocurrency to trade from NRVE. If you need help getting ETH, we provided an example in the end of this in this post (See Addendum at the end) 

Once you have ETH, you are ready to go to the Bilaxy exchange.

Set Up Your Bilaxy  Account

Go To: https://www.bilaxy.com. Click the Sign Up Button in the top right header.

Enter the information.  You do not need an invitation code. When you are done, click the Sign Up button. You may be prompted for verification. Please make sure to look in your junk or spam folders as well as in your inbox for any verification notices.  

You will be asked to set up a Security Password to trade or withdraw.  It is also a good idea to setup 2FA. 2FA is labeled Google Authentication.

Once you have your Bilaxy Account setup, you will need to transfer your ETH to the Bilaxy Exchange wallet. 

Make sure you are now logged into your Bilaxy Account. 

  • Click on Funds and then Deposits
  • Select Eth/Etherium from the pull down menu


When you select ETH, the ETH Wallet Address assigned to you for Bilaxy will appear. Click the Copy button.

Now, go to the wallet that you are storing your ETH and click on the Send button. This function tells the wallet you are going to send the ETH to another Wallet.  Enter the amount of ETH you want to send  to Bilaxy for the exchange process. To figure out how much you might need for a niche purchase see this FAQ.  Then click Continue or Send. The wallet you are using may have you verify the information is correct before the send or transfer is initiated.


Example of Moving ETH from Coinbase to the BIlaxy Wallet

Go to your Coinbase Account and Click on Accounts Tab. Look for your ETH and then click on the Send Tab


                                        

Paste address that you copied from your Bilaxy screen in the Recipient Address. 

Enter Amount you want to send in USD and it will convert to ETH. When done, click Continue. 




Once you have sent ETH from your wallet to the Bilaxy exchange wallet, go back to the Bilaxy website. 

Click on Funds then Deposits and click ETH again. Under Recharge Records you can verify that your ETH is now available. This may take a few minutes to work through the blockchain. Once the ETH balance is found, you can begin the exchange. You should receive an email once your account is credited.

In Bilaxy, click on Exchange. It will default to BTC. Look on the top right and click ETH, then find NRVE. Click on NRVE to launch the exchange for ETH/NRVE.

It will look like this on the left side: 

In Buy box in the lower Center area:

  • Enter the Price you want to pay (look at existing orders as a benchmark); Note that the Sellers are in Red and the Buyers are in Green. If you put a  price you are willing to pay at what sellers are looking for, you will get an immediate NRVE buy processed. If your buy offer is lower than what people are currently accepting, you will have to wait until a seller comes in willing to accept the price. 
  • Enter the Amount of NRVE you want to buy. You can click the 100% button if you want to spend all of your ETH.
  • Click on Green Buy NRVE button when ready.
  • You will be asked for the security password that you created, to confirm the purchase.

You will be asked to confirm the buy by email or authenticator or both. Assuming the trade can be made (e.g. there is a buyer at your price), the blockchain will work on the transmission.  Confirm that your NRVE is now available by clicking on the Funds button, then Balances and looking for NRVE now. 

Never leave your tokens on any exchange site. Next you want to move NRVE to a storage Wallet.

If you do not have a wallet to store your NRVE, please see this FAQ that explains what types of wallets will store NRVE Tokens and how to set one up. 

To move your tokens out of the Bilaxy Exchange, simply go to your permanent storage wallet and click on the Receive button. Then copy your Public Address.

Go back to Bilaxy Exchange.  In the Funds/ Withdrawals area, Select NRVE- Narrative Token from the pull down menu.  That results in a withdrawal page.

Paste your address (the New Address Window will pop up when you click Select/Add) in the Withdraw Address field. You will need to give the address a name to remember it by, and confirm the address with the Security Password that you created when you created your account. 

Enter the amount of NRVE to send. There is 400 NRVE min for withdrawal on Bilaxy Exchange. You will be asked to confirm the withdrawal by 2FA. You'll also need your security password, and you'll need an email code.  Click SEND to have the code sent to your email.  

Click the Confirm button when all of the passwords and codes are ready.

It will take a few minutes for the tokens to work through the blockchain. A bit later, you can check your wallet and you should see NRVE in your balance.

If you are purchasing NRVE to pay for a Niche,  here is an FAQ that walks you through that process!

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