A Step-by-Step-Guide on how to buy Megacoin (MEC)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Megacoin (MEC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Megacoin (MEC) As soon as your deposit has been approved, you'll now have access to your assets and you can initiate invest and trading. To buy Megacoin (MEC) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover Megacoin (MEC), you'll need to put the short name of the asset (MEC) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “MEC/BTC” to go on.
Step 4 – Acquisition of Megacoin (MEC) After you've located Megacoin (MEC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate Megacoin (MEC) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of MEC you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the complete amount of MEC. If you are happy, click on “Buy MEC”. Your order will be filled when a Seller trades their MEC for the price you submitted.
Step 5 – Withdraw Megacoin (MEC) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your Megacoin (MEC), go to the ”Funds” tab and click on “Withdraw”. Megacoin (MEC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Megacoin (MEC) by using the provided drop-down box. Put into the volumen of Megacoin (MEC) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.