A Step-by-Step-Guide on how to buy MimbleWimbleCoin (MWC)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your first 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. MimbleWimbleCoin (MWC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate MimbleWimbleCoin (MWC) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can start purchasing and trading. To invest in MimbleWimbleCoin (MWC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot MimbleWimbleCoin (MWC), you'll need to insert the shortname of the coin (MWC) into the search box, which is marked in the image. Be certain of having selected the right pairing, we've marked this also. Click on “MWC/BTC” to continue.
Step 4 – Purchase (MWC) MimbleWimbleCoin As soon as you've found (MWC) MimbleWimbleCoin, you'll 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 creating our Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate (MWC) MimbleWimbleCoin was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of MWC you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of MWC. If you're glad, make a mouse click on “Buy MWC”. Your order will be filled when a Vender trades their MWC for the price you gave.
Step 5 – Withdraw MimbleWimbleCoin (MWC) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. To take off your MimbleWimbleCoin (MWC), go to the ”Funds” tab and mouse click on “Withdraw”. MimbleWimbleCoin (MWC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find MimbleWimbleCoin (MWC) by using the provided drop-down box. Drop in the amount of MimbleWimbleCoin (MWC) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.