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.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Metal (MTL) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Metal (MTL) Once your deposit has been confirmed, you'll directly have access to your finances and you can start invest and trading. To buy Metal (MTL) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to find Metal (MTL), you will need to put the short name of the asset (MTL) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “MTL/BTC” to continue.
Step 4 – Purchase Metal (MTL) After you have discovered Metal (MTL), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Metal (MTL) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of MTL you like to purchase. The ”Total” field is the total price in BTC that you will settle for the complete amount of MTL. When you're satisfied, make a mouse click on “Buy MTL”. Your plan will be filled when a Vender trades their MTL for the price you introduced.
Step 5 – Withdraw Metal (MTL) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive period of time. To withdraw your Metal (MTL), go to the tab called “Funds” and click on “Withdraw”. Metal (MTL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Metal (MTL) by using the provided drop-down box. Put into the quantity of Metal (MTL) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.