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 BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. CoinMetro (XCM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find CoinMetro (XCM) Once your deposit has been confirmed, you'll directly have access to your funds and you can commence buying and trading. To buy CoinMetro (XCM) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find CoinMetro (XCM), you'll need to insert the cointype (XCM) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have highlighted this too. Click on “XCM/BTC” to advance.
Step 4 – Buying CoinMetro (XCM) After you have spotted CoinMetro (XCM), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation CoinMetro (XCM) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of XCM you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of XCM. When you're glad, click on “Buy XCM”. Your order will be filled as soon as a Vendor trades their XCM for the price you offered.
Step 5 – Withdraw CoinMetro (XCM) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your CoinMetro (XCM), hover over the tab called “Funds” and click on “Withdraw”. CoinMetro (XCM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find CoinMetro (XCM) by using the given drop-down box. Put into the volumen of CoinMetro (XCM) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.