A Step-by-Step-Guide on how to buy Monkey Coin (MC)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Monkey Coin (MC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Monkey Coin (MC) As soon as your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To invest in Monkey Coin (MC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate Monkey Coin (MC), you'll need to insert the cointype (MC) into the search box, which is marked in the picture. Make sure you have selected the proper grouping, we've marked this too. Click on “MC/BTC” to go on.
Step 4 – Buying Monkey Coin (MC) Once you have discovered Monkey Coin (MC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled with the most recent tariff Monkey Coin (MC) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of MC you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of MC. If you are happy, click on “Buy MC”. Your plan will be filled when a Vendor sells their MC for the price you offered.
Step 5 – Withdraw Monkey Coin (MC) Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer period of time. To withdraw your Monkey Coin (MC), go to the ”Funds” tab and mouse click on “Withdraw”. Monkey Coin (MC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Monkey Coin (MC) by using the given drop-down box. Drop in the quantity of Monkey Coin (MC) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.