A Step-by-Step-Guide on how to buy MoneyToken (IMT)
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. MoneyToken (IMT) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find MoneyToken (IMT) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can initiate buying and trading. To invest in MoneyToken (IMT) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To find MoneyToken (IMT), you'll need to put the shortname of the coin (IMT) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “IMT/BTC” to continue.
Step 4 – Buy MoneyToken (IMT) Once you have found MoneyToken (IMT), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our Limit Order. The ”Price” field will be automatically filled with the most recent rate MoneyToken (IMT) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of IMT you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of IMT. If you're satisfied, make a mouse click on “Buy IMT”. Your plan will be filled as soon as a Vendor sells their IMT for the price you gave.
Step 5 – Withdraw MoneyToken (IMT) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. To take off your MoneyToken (IMT), go to the ”Funds” tab and mouse click on “Withdraw”. MoneyToken (IMT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate MoneyToken (IMT) by using the provided drop-down box. Put into the quantity of MoneyToken (IMT) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.