A Step-by-Step-Guide on how to buy MobileGo (MGO)
Step 1 – Signup to Kraken You'll first need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting Funds.
Step 2 – Transfer Your Funds to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. MobileGo (MGO) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate MobileGo (MGO) Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate invest and trading. To invest in MobileGo (MGO) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to locate MobileGo (MGO), you will need to put the cointype (MGO) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this too. Click on “MGO/BTC” to continue.
Step 4 – Buy MobileGo (MGO) As soon as you have located MobileGo (MGO), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the recent price MobileGo (MGO) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of MGO you like to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of MGO. When you're satisfied, make a mouse click on “Buy MGO”. Your order will be filled when a Seller trades their MGO for the price you offered.
Step 5 – Withdraw MobileGo (MGO) Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to withdraw your MobileGo (MGO), hover over the ”Funds” tab and click on “Withdraw”. MobileGo (MGO) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate MobileGo (MGO) by using the given drop-down box. Put into the quantity of MobileGo (MGO) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.