A Step-by-Step-Guide on how to buy MASTER USD (MUSD)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting your first $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. MASTER USD (MUSD) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (MUSD) MASTER USD Once your deposit has been verified, you will now have access to your funds and you can start purchasing and trading. To invest in (MUSD) MASTER USD on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate (MUSD) MASTER USD, you will need to insert the short name of the asset (MUSD) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “MUSD/BTC” to progress.
Step 4 – Acquisition of (MUSD) MASTER USD As soon as you've found (MUSD) MASTER USD, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The ”Price” field will be filled automatically with the recent tariff (MUSD) MASTER USD was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of MUSD you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of MUSD. When you're glad, make a mouse click on “Buy MUSD”. Your order will be filled as soon as a Vender trades their MUSD for the price you offered.
Step 5 – Withdraw (MUSD) MASTER USD Unless you are frequently trading, never keep your crypto on an Exchange for an extended time period. In order to withdraw your (MUSD) MASTER USD, hover over the tab called “Funds” and mouse click on “Withdraw”. (MUSD) MASTER USD can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (MUSD) MASTER USD by using the given drop-down box. Drop in the amount of (MUSD) MASTER USD you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.