How to Buy MainCoin (MNC)

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).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. MainCoin (MNC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find MainCoin (MNC)

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To buy MainCoin (MNC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate MainCoin (MNC), you'll need to insert the shortname of the coin (MNC) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this too. Click on “MNC/BTC” to continue.

Binance Hot To Buy MainCoin (MNC)
Binance How to Buy (MNC) MainCoin
Step 4 – Buying MainCoin (MNC)

Once you've discovered MainCoin (MNC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff MainCoin (MNC) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of MNC you like to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of MNC.

When you are happy, click on “Buy MNC”. Your plan will be filled as soon as a Vendor sells their MNC for the price you gave.

Step 5 – Withdraw MainCoin (MNC)

Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time period. To take off your MainCoin (MNC), hover over the ”Funds” tab and click on “Withdraw”. MainCoin (MNC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MainCoin (MNC) by using the provided drop-down box. Put into the amount of MainCoin (MNC) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and safed MainCoin (MNC).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (MNC) MainCoin is safe within your wallet, you are finished.

Some other Guides on How to buy Coins

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How to Buy Coins
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