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How to Buy Meritcoins (MRC)

A Step-by-Step-Guide on how to buy Meritcoins (MRC)

Step 1 – Join CEX.io

You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Meritcoins (MRC) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Meritcoins (MRC)

Once your deposit has been affirmed, you'll now have access to your assets and you can launch purchasing and trading. To invest in Meritcoins (MRC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover Meritcoins (MRC), you'll need to insert the cointype (MRC) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have marked this too. Click on “MRC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Meritcoins (MRC)
Step 4 – Purchase Meritcoins (MRC)

As soon as you've discovered Meritcoins (MRC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most recent valuation Meritcoins (MRC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of MRC you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of MRC.

If you are glad, 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 Meritcoins (MRC)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time period. To take off your Meritcoins (MRC), go to the tab called “Funds” and mouse click on “Withdraw”. Meritcoins (MRC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Meritcoins (MRC) by using the given drop-down box. Enter the volumen of Meritcoins (MRC) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and stored Meritcoins (MRC).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Meritcoins (MRC) is stored within your wallet, you are all done.

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