A Step-by-Step-Guide on how to buy Morley Cash (MCN)
Step 1 – Join Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Morley Cash (MCN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Morley Cash (MCN) Once your deposit has been confirmed, you will directly have access to your finances and you can start invest and trading. To purchase Morley Cash (MCN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot Morley Cash (MCN), you will need to insert the short name of the asset (MCN) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “MCN/BTC” to proceed.
Step 4 – Purchase Morley Cash (MCN) As soon as you have discovered Morley Cash (MCN), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The ”Price” field will be filled with the most latest rate Morley Cash (MCN) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of MCN you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of MCN. When you are satisfied, click on “Buy MCN”. Your order will be filled as soon as a Seller trades their MCN for the price you gave.
Step 5 – Withdraw Morley Cash (MCN) Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extended period of time. In order to take off your Morley Cash (MCN), go to the tab called “Funds” and click on “Withdraw”. Morley Cash (MCN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Morley Cash (MCN) by using the provided drop-down box. Put into the volumen of Morley Cash (MCN) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.