A Step-by-Step-Guide on how to buy MFCoin (MFC)
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. MFCoin (MFC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate MFCoin (MFC) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can initiate purchasing and trading. To invest in MFCoin (MFC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover MFCoin (MFC), you will need to insert the shortname of the coin (MFC) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “MFC/BTC” to proceed.
Step 4 – Purchase MFCoin (MFC) After you have spotted MFCoin (MFC), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation MFCoin (MFC) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of MFC you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of MFC. When you are satisfied, click on “Buy MFC”. Your plan will be filled as soon as a Vender sells their MFC for the price you offered.
Step 5 – Withdraw MFCoin (MFC) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. To take off your MFCoin (MFC), go to the ”Funds” tab and mouse click on “Withdraw”. MFCoin (MFC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find MFCoin (MFC) by using the provided drop-down box. Put into the amount of MFCoin (MFC) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.