A Step-by-Step-Guide on how to buy Meconcash (MCH)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Meconcash (MCH) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Meconcash (MCH) As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence buying and trading. To purchase Meconcash (MCH) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To spot Meconcash (MCH), you'll need to put the short name of the asset (MCH) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this also. Click on “MCH/BTC” to progress.
Step 4 – Purchase Meconcash (MCH) As soon as you have found Meconcash (MCH), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our Limit Order. The ”Price” field will be filled with the recent price Meconcash (MCH) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of MCH you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of MCH. When you are satisfied, click on “Buy MCH”. Your order will be filled when a Vender trades their MCH for the price you submitted.
Step 5 – Withdraw Meconcash (MCH) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to take off your Meconcash (MCH), go to the tab called “Funds” and click on “Withdraw”. Meconcash (MCH) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Meconcash (MCH) by using the given drop-down box. Drop in the amount of Meconcash (MCH) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.