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 Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Melon (MLN) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Melon (MLN)

Once your deposit has been affirmed, you'll now have access to your assets and you can initiate purchasing and trading. To purchase Melon (MLN) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To spot Melon (MLN), you'll need to put the shortname of the coin (MLN) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “MLN/BTC” to go on.

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

After you've discovered Melon (MLN), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff Melon (MLN) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of MLN you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of MLN.

When you are satisfied, click on “Buy MLN”. Your plan will be filled as soon as a Vender trades their MLN for the price you submitted.

Step 5 – Withdraw Melon (MLN)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. To withdraw your Melon (MLN), hover over the tab called “Funds” and click on “Withdraw”. Melon (MLN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Melon (MLN) by using the provided drop-down box. Put into the volumen of Melon (MLN) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and safed Melon (MLN).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (MLN) Melon is stored within your wallet, you are done.
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