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 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. CoinMetro (XCM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate CoinMetro (XCM) Once your deposit has been verified, you will instantly have access to your finances and you can start purchasing and trading. To purchase CoinMetro (XCM) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover CoinMetro (XCM), you will need to insert the cointype (XCM) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this too. Click on “XCM/BTC” to continue.
Step 4 – Buying CoinMetro (XCM) After you've discovered CoinMetro (XCM), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff CoinMetro (XCM) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XCM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of XCM. When you are satisfied, click on “Buy XCM”. Your order will be filled as soon as a Seller sells their XCM for the price you gave.
Step 5 – Withdraw CoinMetro (XCM) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an longer time period. In order to take off your CoinMetro (XCM), go to the tab called “Funds” and mouse click on “Withdraw”. CoinMetro (XCM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate CoinMetro (XCM) by using the provided drop-down box. Put into the volumen of CoinMetro (XCM) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.