A Step-by-Step-Guide on how to buy Mercury (MER)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Mercury (MER) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Mercury (MER) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch buying and trading. To invest in Mercury (MER) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot Mercury (MER), you'll need to put the short name of the asset (MER) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “MER/BTC” to progress.
Step 4 – Acquisition of Mercury (MER) After you've discovered Mercury (MER), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order. The ”Price” field will be filled with the most up-to-date tariff Mercury (MER) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of MER you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of MER. When you are happy, make a mouse click on “Buy MER”. Your order will be filled as soon as a Seller sells their MER for the price you gave.
Step 5 – Withdraw Mercury (MER) Unless you're trading, you should never keepyour crypto coins on an Exchange for an extended period of time. In order to take off your Mercury (MER), go to the ”Funds” tab and mouse click on “Withdraw”. Mercury (MER) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Mercury (MER) by using the given drop-down box. Put into the quantity of Mercury (MER) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.