How to Buy Metal (MTL)

A Step-by-Step-Guide on how to buy Metal (MTL)

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Metal (MTL) 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 Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Metal (MTL)

Once your deposit has been verified, you'll now have access to your assets and you can commence purchasing and trading. To invest in Metal (MTL) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover Metal (MTL), you'll need to put the cointype (MTL) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “MTL/BTC” to continue.

Binance Hot To Buy Metal (MTL)
Binance How to Buy (MTL) Metal
Step 4 – Acquisition of Metal (MTL)

As soon as you've found Metal (MTL), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be filled with the most recent valuation Metal (MTL) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of MTL you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of MTL.

When you're satisfied, make a mouse click on “Buy MTL”. Your order will be filled as soon as a Vendor sells their MTL for the price you submitted.

Step 5 – Withdraw (MTL) Metal

Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your (MTL) Metal, hover over the ”Funds” tab and mouse click on “Withdraw”. (MTL) Metal can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (MTL) Metal by using the given drop-down box. Put into the amount of (MTL) Metal you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Kudos! You have successfully bought and safed Metal (MTL).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the Metal (MTL) is safe in your wallet, you're done.