A Step-by-Step-Guide on how to buy Metacoin (MTC)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get your welcome 10 Dollar.
Step 2 – Transmit Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Metacoin (MTC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Metacoin (MTC) Once your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To purchase Metacoin (MTC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To find Metacoin (MTC), you'll need to insert the short name of the asset (MTC) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “MTC/BTC” to advance.
Step 4 – Purchasing Metacoin (MTC) As soon as you have located Metacoin (MTC), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent rate Metacoin (MTC) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of MTC you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole amount of MTC. If you are glad, make a mouse click on “Buy MTC”. Your plan will be filled when a Vendor sells their MTC for the price you gave.
Step 5 – Withdraw Metacoin (MTC) Unless you're regularly trading, best advise is not to keep coins on an Exchange for an extended time period. In order to withdraw your Metacoin (MTC), hover over the tab called “Funds” and click on “Withdraw”. Metacoin (MTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Metacoin (MTC) by using the provided drop-down box. Drop in the amount of Metacoin (MTC) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.