A Step-by-Step-Guide on how to buy MFCoin (MFC)
Step 1 – Join CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. MFCoin (MFC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate MFCoin (MFC) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch purchasing and trading. To invest in MFCoin (MFC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate MFCoin (MFC), you'll need to insert the cointype (MFC) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “MFC/BTC” to proceed.
Step 4 – Purchase (MFC) MFCoin As soon as you have located (MFC) MFCoin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The ”Price” field will be filled with the most recent tariff (MFC) MFCoin was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of MFC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of MFC. If you are glad, make a mouse click on “Buy MFC”. Your plan will be filled as soon as a Seller trades their MFC for the price you offered.
Step 5 – Withdraw (MFC) MFCoin Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your (MFC) MFCoin, hover over the ”Funds” tab and click on “Withdraw”. (MFC) MFCoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (MFC) MFCoin by using the given drop-down box. Enter the amount of (MFC) MFCoin you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You may be asked for phone/email verification before a take off.