A Step-by-Step-Guide on how to buy Megacoin (MEC)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Megacoin (MEC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (MEC) Megacoin Once your deposit has been approved, you will directly have access to your funds and you can initiate invest and trading. To purchase (MEC) Megacoin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot (MEC) Megacoin, you will need to put the short name of the asset (MEC) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “MEC/BTC” to continue.
Step 4 – Buying (MEC) Megacoin Once you've found (MEC) Megacoin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent valuation (MEC) Megacoin was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of MEC you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of MEC. When you're satisfied, click on “Buy MEC”. Your order will be filled when a Vendor sells their MEC for the price you introduced.
Step 5 – Withdraw (MEC) Megacoin Unless you are trading, never keep your coins on an Exchange for an longer time frame. In order to withdraw your (MEC) Megacoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (MEC) Megacoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (MEC) Megacoin by using the provided drop-down box. Drop in the quantity of (MEC) Megacoin you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a take off.