A Step-by-Step-Guide on how to buy Machinecoin (MAC)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Machinecoin (MAC) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Machinecoin (MAC) As soon as your deposit has been approved, you will now have access to your assets and you can commence buying and trading. To buy Machinecoin (MAC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Machinecoin (MAC), you will need to insert the short name of the asset (MAC) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “MAC/BTC” to advance.
Step 4 – Acquisition of Machinecoin (MAC) After you have found Machinecoin (MAC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff Machinecoin (MAC) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of MAC you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of MAC. If you're glad, make a mouse click on “Buy MAC”. Your order will be filled when a Vender sells their MAC for the price you gave.
Step 5 – Withdraw Machinecoin (MAC) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to withdraw your Machinecoin (MAC), hover over the ”Funds” tab and mouse click on “Withdraw”. Machinecoin (MAC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Machinecoin (MAC) by using the provided drop-down box. Put into the quantity of Machinecoin (MAC) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.