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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. CoinMetro (XCM) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate CoinMetro (XCM) Once your deposit has been affirmed, you will immediately have access to your finances and you can start buying and trading. To purchase CoinMetro (XCM) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find CoinMetro (XCM), you will need to put the cointype (XCM) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've marked this also. Click on “XCM/BTC” to progress.
Step 4 – Acquisition of CoinMetro (XCM) Once you have found CoinMetro (XCM), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation CoinMetro (XCM) was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of XCM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of XCM. When you're glad, click on “Buy XCM”. Your plan will be filled when a Vender trades their XCM for the price you gave.
Step 5 – Withdraw CoinMetro (XCM) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. To withdraw your CoinMetro (XCM), hover over the ”Funds” tab and mouse click on “Withdraw”. CoinMetro (XCM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate CoinMetro (XCM) by using the provided drop-down box. Drop in the volumen of CoinMetro (XCM) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.