A Step-by-Step-Guide on how to buy MobieCoin (MBX)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. MobieCoin (MBX) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate MobieCoin (MBX) As soon as your deposit has been confirmed, you'll now have access to your finances and you can initiate purchasing and trading. To purchase MobieCoin (MBX) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to find MobieCoin (MBX), you'll need to put the shortname of the coin (MBX) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “MBX/BTC” to proceed.
Step 4 – Buy MobieCoin (MBX) After you've spotted MobieCoin (MBX), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the recent rate MobieCoin (MBX) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of MBX you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole quantity of MBX. When you're glad, click on “Buy MBX”. Your order will be filled when a Vendor trades their MBX for the price you introduced.
Step 5 – Withdraw MobieCoin (MBX) Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an longer time period. In order to withdraw your MobieCoin (MBX), hover over the tab called “Funds” and mouse click on “Withdraw”. MobieCoin (MBX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate MobieCoin (MBX) by using the provided drop-down box. Enter the quantity of MobieCoin (MBX) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.