A Step-by-Step-Guide on how to buy MNPCoin (MNP)
Step 1 – Join Kraken You'll first need to buy units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. MNPCoin (MNP) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find MNPCoin (MNP) As soon as your deposit has been verified, you'll now have access to your funds and you can initiate invest and trading. To buy MNPCoin (MNP) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot MNPCoin (MNP), you'll need to insert the shortname of the coin (MNP) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “MNP/BTC” to advance.
Step 4 – Purchasing MNPCoin (MNP) Once you've found MNPCoin (MNP), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate MNPCoin (MNP) was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of MNP you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of MNP. When you're satisfied, make a mouse click on “Buy MNP”. Your order will be filled as soon as a Vendor sells their MNP for the price you gave.
Step 5 – Withdraw MNPCoin (MNP) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. To take off your MNPCoin (MNP), go to the ”Funds” tab and click on “Withdraw”. MNPCoin (MNP) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate MNPCoin (MNP) by using the given drop-down box. Put into the volumen of MNPCoin (MNP) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.