A Step-by-Step-Guide on how to buy MinerGate Token (MG)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and getting your first $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. MinerGate Token (MG) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the right 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're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate MinerGate Token (MG) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate invest and trading. To invest in MinerGate Token (MG) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover MinerGate Token (MG), you will need to put the shortname of the coin (MG) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this too. Click on “MG/BTC” to advance.
Step 4 – Purchase MinerGate Token (MG) Once you've found MinerGate Token (MG), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the recent price MinerGate Token (MG) was traded for. You can change this to your desired rate. The ”Amount” field is the amount of MG you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete amount of MG. When you're happy, click on “Buy MG”. Your order will be filled as soon as a Vendor trades their MG for the price you introduced.
Step 5 – Withdraw MinerGate Token (MG) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extensive time frame. To withdraw your MinerGate Token (MG), hover over the ”Funds” tab and click on “Withdraw”. MinerGate Token (MG) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate MinerGate Token (MG) by using the given drop-down box. Enter the amount of MinerGate Token (MG) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.