How to Buy mStable USD (MUSD)

A Step-by-Step-Guide on how to buy mStable USD (MUSD)

Step 1 – Signup to Kraken

You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting Funds.

Binance Signup
Step 2 – {Transmit} Your {Ethereum or Bitcoin} to an {Crypto Exchange}

Your {BTC (Bitcoin) or ETH (Ethereum)} {will need} to be sent over to an {Crypto Trader} now. {All exchanges have} a deposit form that is {similar}. mStable USD (MUSD) is {accessible} on Binance, so {we will} use that as an {illustration}. {Unsure} on how to send {funds from Coinbase} to an {Cryptocurrency Exchange}? ({Follow} {this guide})

Make sure {you have} {selected} the {right} coin you {wish} to deposit.

{BTC} must be sent to a {BTC} deposit address, {ETH} to an {Ethereum} deposit address, {etc}. {If} {you are} {using} a decentralized exchange, {like} Airswap or DDEX could be {unlike} ({Just follow} {our how-to}).

Step 3 – {Locate} mStable USD (MUSD)

{Once} your deposit has been {confirmed}, {you'll} {now} have access to your {funds} and you can {begin} {invest} and trading. To {invest in} mStable USD (MUSD) on Binance, {you'll} want to {go to} the {tab which is called “Exchange”} and{} {mouse click} on “Basic”.

{In order to} {spot} mStable USD (MUSD), {you'll} need to {insert} the {cointype} (MUSD) into the {search box}, which is {highlighted} in the {picture}. {Be certain of having} {choosen} the {right} {grouping}, {we've} {marked} this {too}. Click on “MUSD/BTC” to {go on}.

Binance Hot To Buy mStable USD (MUSD)
Binance How to Buy (MUSD) mStable USD
Step 4 – {Purchasing} mStable USD (MUSD)

{Once} {you've} {located} mStable USD (MUSD), {you will} be {given} a {Chart with Prices} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {picture}). {Next} {we are} {going to create} our{ own} Limit Order.

The {”Price” field} will be {filled automatically} with the{ most} {recent} {rate} mStable USD (MUSD) was {sold} for. {You can change this} to your {favoured} {price}. The {”Amount” field} is the {volumen} of MUSD you {like} to {buy}. The {”Total” field} is the {aggregated} price in {BTC} that {you'll} {settle} for the {complete} {amount} of MUSD.

{If} {you are} {happy}, {click} on “Buy MUSD”. Your {order} will be filled {when} a {Seller} {sells} their MUSD for the price you {introduced}.

Step 5 – Withdraw mStable USD (MUSD)

Unless {you are}{} trading, {best advise is not to keep your} {crypto coins} on an {Crypto Exchange} for an {extensive} {time frame}. {To} {withdraw} your mStable USD (MUSD), {go to} the {tab called “Funds”} and {click} on “Withdraw”. mStable USD (MUSD) can be {safely stored} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} mStable USD (MUSD) by using the {provided} drop-down box. {Enter} the {volumen} of mStable USD (MUSD) {you'd} {like} to {take off}. {Don't forget} the {shown} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{When} {you're} {happy}, {click on} “Submit”. You {could} be {asked} for {email/phone verification} {before} a {take off}.

Binance Withdraw

{Congratulations}! {You have} successfully {bought} and {safed} mStable USD (MUSD).

That's it!

{Take offs} from {Cryptocurrency Exchange} can {take} {between} 1 – 30 minutes ({depending} on {network usage}). {As soon as} {you have} {proved} your {withdrawal} {with} {Etherscan.io or Ethplorer.io} and the (MUSD) mStable USD is {stored} {within} your wallet, {you are} {all done}.

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