A Step-by-Step-Guide on how to buy Meritcoins (MRC)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Meritcoins (MRC) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Meritcoins (MRC) As soon as your deposit has been verified, you will now have access to your finances and you can start invest and trading. To invest in Meritcoins (MRC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Meritcoins (MRC), you will need to put the shortname of the coin (MRC) into the search box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “MRC/BTC” to progress.
Step 4 – Acquisition of (MRC) Meritcoins As soon as you have located (MRC) Meritcoins, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price (MRC) Meritcoins was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of MRC you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of MRC. If you are happy, make a mouse click on “Buy MRC”. Your order will be filled as soon as a Seller trades their MRC for the price you gave.
Step 5 – Withdraw (MRC) Meritcoins Unless you are trading, you should never keepyour coins on an Exchange for an extensive time frame. In order to take off your (MRC) Meritcoins, hover over the ”Funds” tab and mouse click on “Withdraw”. (MRC) Meritcoins can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (MRC) Meritcoins by using the provided drop-down box. Drop in the volumen of (MRC) Meritcoins you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.