A Step-by-Step-Guide on how to buy Metacoin (MTC)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Metacoin (MTC) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) 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, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Metacoin (MTC) As soon as your deposit has been approved, you will now have access to your funds and you can start invest and trading. To purchase Metacoin (MTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Metacoin (MTC), you will need to put the cointype (MTC) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have highlighted this too. Click on “MTC/BTC” to go on.
Step 4 – Acquisition of Metacoin (MTC) After you've discovered Metacoin (MTC), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order. The ”Price” field will be filled with the latest price Metacoin (MTC) was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of MTC you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of MTC. When you're happy, make a mouse click on “Buy MTC”. Your order will be filled as soon as a Vendor sells their MTC for the price you submitted.
Step 5 – Withdraw Metacoin (MTC) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Metacoin (MTC), hover over the ”Funds” tab and click on “Withdraw”. Metacoin (MTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Metacoin (MTC) by using the given drop-down box. Drop in the amount of Metacoin (MTC) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You could be requested for phone/email verification before a take off.