A Step-by-Step-Guide on how to buy Maxcoin (MAX)
Step 1 – Signup to CEX.io You'll first need to purchase one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Maxcoin (MAX) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (MAX) Maxcoin Once your deposit has been approved, you'll directly have access to your finances and you can begin invest and trading. To invest in (MAX) Maxcoin on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot (MAX) Maxcoin, you'll need to insert the short name of the asset (MAX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “MAX/BTC” to go ahead.
Step 4 – Purchase Maxcoin (MAX) As soon as you have found Maxcoin (MAX), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order. The ”Price” field will be filled automatically with the recent rate Maxcoin (MAX) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of MAX you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of MAX. When you are glad, click on “Buy MAX”. Your plan will be filled as soon as a Seller sells their MAX for the price you introduced.
Step 5 – Withdraw Maxcoin (MAX) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extended time frame. To take off your Maxcoin (MAX), hover over the ”Funds” tab and click on “Withdraw”. Maxcoin (MAX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Maxcoin (MAX) by using the given drop-down box. Enter the quantity of Maxcoin (MAX) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.