How to Buy Melon (MLN)

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).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Melon (MLN) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Melon (MLN)

Once your deposit has been approved, you will directly have access to your funds and you can begin invest and trading. To purchase Melon (MLN) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find Melon (MLN), you will need to put the short name of the asset (MLN) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “MLN/BTC” to proceed.

Binance Hot To Buy Melon (MLN)
Binance How to Buy (MLN) Melon
Step 4 – Buying Melon (MLN)

As soon as you have found Melon (MLN), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff Melon (MLN) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of MLN you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of MLN.

If you are happy, make a mouse click on “Buy MLN”. Your order will be filled when a Vendor trades their MLN for the price you offered.

Step 5 – Withdraw Melon (MLN)

Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extended period of time. In order to take off your Melon (MLN), go to the ”Funds” tab and click on “Withdraw”. Melon (MLN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Melon (MLN) by using the provided drop-down box. Drop in the quantity of Melon (MLN) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and safed Melon (MLN).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (MLN) Melon is stored inside your wallet, you are done.

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