A Step-by-Step-Guide on how to buy mStable USD (MUSD)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. mStable USD (MUSD) is obtainable 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 have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find (MUSD) mStable USD Once your deposit has been confirmed, you'll now have access to your assets and you can launch invest and trading. To invest in (MUSD) mStable USD on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find (MUSD) mStable USD, you'll need to put the shortname of the coin (MUSD) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “MUSD/BTC” to go on.
Step 4 – Purchase (MUSD) mStable USD After you have discovered (MUSD) mStable USD, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the recent price (MUSD) mStable USD was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of MUSD you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of MUSD. If you're happy, make a mouse click on “Buy MUSD”. Your plan will be filled when a Seller trades their MUSD for the price you introduced.
Step 5 – Withdraw mStable USD (MUSD) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extended period of time. To take off your mStable USD (MUSD), hover over the ”Funds” tab and mouse click on “Withdraw”. mStable USD (MUSD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate mStable USD (MUSD) by using the provided drop-down box. Drop in the volumen of mStable USD (MUSD) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.