How to Buy MargiX (MGX)

A Step-by-Step-Guide on how to buy MargiX (MGX)

Step 1 – Join Kraken

You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – {Send} Your {ETH (Ethereum) or BTC (Bitcoin)} to an {Crypto Trader}

Your {Ethereum (ETH) or Bitcoin (BTC)} {will need} to be sent over to an {Exchange} now. {All exchanges have} a deposit form that is {similar}. MargiX (MGX) is {available} on Binance, so {we will} use that as an {example}. {Unsure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Just follow} {this guide})

Make sure {you have} {chosen} the {exact} coin you {would like} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {ETH} to an {ETH} deposit address, {etc}. {In the case} {you are} {dealing with} a decentralized exchange, {like} Airswap or DDEX could be {opposed} ({Follow} {our how-to}).

Step 3 – {Locate} MargiX (MGX)

{Once} your deposit has been {affirmed}, {you'll} {instantly} have access to your {assets} and you can {commence} {purchasing} and trading. To {buy} MargiX (MGX) on Binance, {you'll} want to {go to} the {”Exchange” tab} and{} {mouse click} on “Basic”.

{To} {discover} MargiX (MGX), {you will} need to {insert} the {short name of the asset} (MGX) into the {search box}, which is {highlighted} in the {graphic}. {Make sure you have} {choosen} the {right} {pairing}, {we've} {highlighted} this {too}. Click on “MGX/BTC” to {go ahead}.

Binance Hot To Buy MargiX (MGX)
Binance How to Buy (MGX) MargiX
Step 4 – {Buying} MargiX (MGX)

{After} {you have} {spotted} MargiX (MGX), {you will} be {given} a {Chart with Prices} (in the Center of the {picture}) and {a few} Order Books ({on the Left} of the {image}). {For now} {we're} {going to make} our{} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{} {up-to-date} {valuation} MargiX (MGX) was {sold} for. {This can be changed} to your {favoured} {rate}. The {field with the “Amount” tag} is the {amount} of MGX you {want} to {purchase}. The {field with the “Total” tag} is the {aggregated} price in {Bitcoin} that {you will} {pay} for the {whole} {volumen} of MGX.

{If} {you're} {glad}, {make a mouse click} on “Buy MGX”. Your {order} will be filled {as soon as} a {Seller} {sells} their MGX for the price you {introduced}.

Step 5 – Withdraw MargiX (MGX)

Unless {you are}{ regularly} trading, {you should never keepyour} {crypto coins} on an {Crypto Trader} for an {extended} {time frame}. {To} {take off} your MargiX (MGX), {go to} the {tab called “Funds”} and {click} on “Withdraw”. MargiX (MGX) can be {securely stored} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} MargiX (MGX) by using the {given} drop-down box. {Put into} the {amount} of MargiX (MGX) {you would} {like} to {withdraw}. {Take into account} the {demonstrated} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{If} {you are} {happy}, {click on} “Submit”. You {may} be {asked} for {email/phone verification} {ahead of} a {withdrawal}.

Binance Withdraw

{Congratulations}! {You have} successfully {purchased} and {stored} MargiX (MGX).

That's it!

{Withdrawals} from {Crypto Trader} can {take} {anywhere from} 1 – 30 minutes ({depending} on {network usage}). {As soon as} {you've} {confirmed} your {withdrawal} {with} {Ethplorer.io or Etherscan.io} and the (MGX) MargiX is {safe} {inside} your wallet, {you're} {all done}.

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