A Step-by-Step-Guide on how to buy CoinMetro (XCM)
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. CoinMetro (XCM) 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 Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate CoinMetro (XCM) Once your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To buy CoinMetro (XCM) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate CoinMetro (XCM), you'll need to put the cointype (XCM) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've marked this also. Click on “XCM/BTC” to go on.
Step 4 – Purchase CoinMetro (XCM) As soon as you've found CoinMetro (XCM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff CoinMetro (XCM) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of XCM you like to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole amount of XCM. When you're glad, click on “Buy XCM”. Your plan will be filled as soon as a Vender sells their XCM for the price you offered.
Step 5 – Withdraw CoinMetro (XCM) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. To take off your CoinMetro (XCM), hover over the ”Funds” tab and mouse click on “Withdraw”. CoinMetro (XCM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find CoinMetro (XCM) by using the given drop-down box. Drop in the amount of CoinMetro (XCM) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.