How to Buy Metal (MTL)

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Metal (MTL) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've selected the correct coin you would like 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, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate Metal (MTL)

Once your deposit has been confirmed, you will directly have access to your funds and you can launch purchasing and trading. To purchase Metal (MTL) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Metal (MTL), you'll need to put the cointype (MTL) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “MTL/BTC” to continue.

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

Once you have discovered Metal (MTL), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate Metal (MTL) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of MTL you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of MTL.

When you are satisfied, 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 Metal (MTL)

Unless you're regularly trading, you should never keepyour crypto on an Exchange for an longer time period. To take off your Metal (MTL), hover over the ”Funds” tab and mouse click on “Withdraw”. Metal (MTL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Metal (MTL) by using the provided drop-down box. Enter the quantity of Metal (MTL) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and stored Metal (MTL).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (MTL) Metal is stored in your wallet, you're all done.

Some other Guides on How to buy Coins

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How to Buy Coins
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