A Step-by-Step-Guide on how to buy MoneyToken (IMT)
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. MoneyToken (IMT) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate MoneyToken (IMT) Once your deposit has been verified, you'll directly have access to your assets and you can initiate buying and trading. To purchase MoneyToken (IMT) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover MoneyToken (IMT), you'll need to put the cointype (IMT) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this also. Click on “IMT/BTC” to advance.
Step 4 – Purchasing MoneyToken (IMT) Once you have found MoneyToken (IMT), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our Limit Order. The ”Price” field will be filled with the recent tariff MoneyToken (IMT) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of IMT you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of IMT. If you're glad, make a mouse click on “Buy IMT”. Your plan will be filled when a Vendor trades their IMT for the price you gave.
Step 5 – Withdraw MoneyToken (IMT) Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an longer period of time. To withdraw your MoneyToken (IMT), go to the tab called “Funds” and click on “Withdraw”. MoneyToken (IMT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find MoneyToken (IMT) by using the given drop-down box. Drop in the quantity of MoneyToken (IMT) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.