A Step-by-Step-Guide on how to buy M Chain (M)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. M Chain (M) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate M Chain (M) As soon as your deposit has been approved, you will instantly have access to your funds and you can launch purchasing and trading. To invest in M Chain (M) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate M Chain (M), you will need to put the cointype (M) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “M/BTC” to continue.
Step 4 – Buying (M) M Chain As soon as you've discovered (M) M Chain, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be automatically filled with the latest tariff (M) M Chain was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of M you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete volumen of M. If you're satisfied, make a mouse click on “Buy M”. Your plan will be filled when a Seller trades their M for the price you submitted.
Step 5 – Withdraw (M) M Chain Unless you are trading, never keep your coins on an Crypto Exchange for an extended time frame. To take off your (M) M Chain, go to the tab called “Funds” and mouse click on “Withdraw”. (M) M Chain can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (M) M Chain by using the provided drop-down box. Enter the amount of (M) M Chain you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.