A Step-by-Step-Guide on how to buy MainCoin (MNC)
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. MainCoin (MNC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find MainCoin (MNC) Once your deposit has been verified, you'll now have access to your assets and you can launch purchasing and trading. To invest in MainCoin (MNC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate MainCoin (MNC), you'll need to put the shortname of the coin (MNC) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this also. Click on “MNC/BTC” to continue.
Step 4 – Buying MainCoin (MNC) Once you've spotted MainCoin (MNC), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the recent rate MainCoin (MNC) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of MNC you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of MNC. If you are happy, make a mouse click on “Buy MNC”. Your plan will be filled as soon as a Seller trades their MNC for the price you offered.
Step 5 – Withdraw MainCoin (MNC) Unless you are trading, you should never keepyour crypto on an Exchange for an extensive period of time. To take off your MainCoin (MNC), hover over the tab called “Funds” and mouse click on “Withdraw”. MainCoin (MNC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find MainCoin (MNC) by using the provided drop-down box. Enter the quantity of MainCoin (MNC) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be requested for email/phone verification before a take off.