A Step-by-Step-Guide on how to buy Melon (MLN)
Step 1 – Signup to Kraken You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Melon (MLN) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Melon (MLN) As soon as your deposit has been confirmed, you'll now have access to your funds and you can commence buying and trading. To invest in Melon (MLN) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate Melon (MLN), you will need to put the short name of the asset (MLN) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “MLN/BTC” to advance.
Step 4 – Purchasing Melon (MLN) After you've located Melon (MLN), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Melon (MLN) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of MLN you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of MLN. If you are glad, click on “Buy MLN”. Your plan will be filled when a Seller trades their MLN for the price you introduced.
Step 5 – Withdraw Melon (MLN) Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. In order to withdraw your Melon (MLN), go to the ”Funds” tab and mouse click on “Withdraw”. Melon (MLN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Melon (MLN) by using the provided drop-down box. Enter the volumen of Melon (MLN) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You may be requested for phone/email verification before a take off.