A Step-by-Step-Guide on how to buy Matic Network (MATIC)
Step 1 – Signup to Kraken You'll first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Matic Network (MATIC) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Matic Network (MATIC) Once your deposit has been approved, you will now have access to your funds and you can launch purchasing and trading. To invest in Matic Network (MATIC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot Matic Network (MATIC), you will need to put the cointype (MATIC) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've marked this also. Click on “MATIC/BTC” to proceed.
Step 4 – Buying Matic Network (MATIC) Once you've found Matic Network (MATIC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent price Matic Network (MATIC) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of MATIC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of MATIC. If you are glad, click on “Buy MATIC”. Your order will be filled when a Seller trades their MATIC for the price you submitted.
Step 5 – Withdraw Matic Network (MATIC) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. To take off your Matic Network (MATIC), go to the tab called “Funds” and mouse click on “Withdraw”. Matic Network (MATIC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Matic Network (MATIC) by using the given drop-down box. Drop in the quantity of Matic Network (MATIC) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.
Congratulations! You've successfully bought and safed Matic Network (MATIC).That's it! Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (MATIC) Matic Network is stored in your wallet, you are finished.
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