How to Buy Megacoin (MEC)

Step 1 – Signup to Kraken

You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Megacoin (MEC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find Megacoin (MEC)

Once your deposit has been verified, you'll now have access to your assets and you can launch buying and trading. To purchase Megacoin (MEC) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot Megacoin (MEC), you'll need to insert the shortname of the coin (MEC) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “MEC/BTC” to go on.

Step 4 – Purchasing Megacoin (MEC)

After you've found Megacoin (MEC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price Megacoin (MEC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of MEC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of MEC.

If you're happy, make a mouse click on “Buy MEC”. Your plan will be filled when a Vender trades their MEC for the price you introduced.

Step 5 – Withdraw Megacoin (MEC)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto 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 safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Megacoin (MEC) by using the given drop-down box. Drop in the amount of Megacoin (MEC) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.