A Step-by-Step-Guide on how to buy Metacoin (MTC)
Step 1 – Join CEX.io You will first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Metacoin (MTC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Metacoin (MTC) Once your deposit has been confirmed, you will now have access to your funds and you can initiate buying and trading. To purchase Metacoin (MTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Metacoin (MTC), you will need to insert the shortname of the coin (MTC) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this too. Click on “MTC/BTC” to proceed.
Step 4 – Buy Metacoin (MTC) As soon as you have found Metacoin (MTC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Metacoin (MTC) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of MTC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of MTC. When you're satisfied, click on “Buy MTC”. Your plan will be filled as soon as a Vender trades their MTC for the price you offered.
Step 5 – Withdraw Metacoin (MTC) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer period of time. In order to withdraw your Metacoin (MTC), go to the ”Funds” tab and mouse click on “Withdraw”. Metacoin (MTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Metacoin (MTC) by using the provided drop-down box. Enter the amount of Metacoin (MTC) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be requested for verfication via phone/email before a take off.