A Step-by-Step-Guide on how to buy #MetaHash (MHC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. #MetaHash (MHC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate #MetaHash (MHC) Once your deposit has been approved, you will now have access to your finances and you can begin buying and trading. To buy #MetaHash (MHC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate #MetaHash (MHC), you'll need to insert the cointype (MHC) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “MHC/BTC” to progress.
Step 4 – Acquisition of #MetaHash (MHC) Once you have found #MetaHash (MHC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate #MetaHash (MHC) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of MHC you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of MHC. When you're happy, click on “Buy MHC”. Your order will be filled as soon as a Seller sells their MHC for the price you offered.
Step 5 – Withdraw #MetaHash (MHC) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an longer time frame. To withdraw your #MetaHash (MHC), hover over the tab called “Funds” and click on “Withdraw”. #MetaHash (MHC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find #MetaHash (MHC) by using the given drop-down box. Put into the volumen of #MetaHash (MHC) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You could be requested for phone/email verification before a withdrawal.
Congratulations! You have successfully bought and stored #MetaHash (MHC).That's it! Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (MHC) #MetaHash is safe in your wallet, you're done.
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