A Step-by-Step-Guide on how to buy Machinecoin (MAC)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Machinecoin (MAC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (MAC) Machinecoin As soon as your deposit has been approved, you'll immediately have access to your finances and you can begin invest and trading. To purchase (MAC) Machinecoin on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate (MAC) Machinecoin, you'll need to insert the cointype (MAC) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “MAC/BTC” to go on.
Step 4 – Purchase Machinecoin (MAC) After you have found Machinecoin (MAC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the latest rate Machinecoin (MAC) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of MAC you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete amount of MAC. When you're happy, click on “Buy MAC”. Your order will be filled as soon as a Vender trades their MAC for the price you offered.
Step 5 – Withdraw (MAC) Machinecoin Unless you're trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. To take off your (MAC) Machinecoin, hover over the tab called “Funds” and click on “Withdraw”. (MAC) Machinecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (MAC) Machinecoin by using the given drop-down box. Enter the quantity of (MAC) Machinecoin 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're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.