A Step-by-Step-Guide on how to buy Masternet (MASH)
Step 1 – Signup to Kraken You will first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting Funds.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Masternet (MASH) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Masternet (MASH) Once your deposit has been confirmed, you will immediately have access to your finances and you can initiate buying and trading. To purchase Masternet (MASH) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find Masternet (MASH), you'll need to put the cointype (MASH) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “MASH/BTC” to advance.
Step 4 – Buy Masternet (MASH) As soon as you have spotted Masternet (MASH), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The ”Price” field will be filled with the most latest tariff Masternet (MASH) was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of MASH you like to buy. The ”Total” field is the whole price in BTC that you will pay for the whole amount of MASH. When you're glad, click on “Buy MASH”. Your order will be filled when a Vender trades their MASH for the price you submitted.
Step 5 – Withdraw Masternet (MASH) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. In order to take off your Masternet (MASH), go to the tab called “Funds” and click on “Withdraw”. Masternet (MASH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Masternet (MASH) by using the provided drop-down box. Enter the quantity of Masternet (MASH) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone before a take off.