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.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an 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. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find mStable USD (MUSD)

As soon as your deposit has been approved, you'll directly have access to your funds and you can begin buying and trading. To invest in mStable USD (MUSD) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate mStable USD (MUSD), you'll need to put the cointype (MUSD) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “MUSD/BTC” to progress.

Step 4 – Purchase mStable USD (MUSD)

After you have 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 image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff mStable USD (MUSD) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of MUSD you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of MUSD.

If you are satisfied, click on “Buy MUSD”. Your order will be filled when a Vendor trades their MUSD for the price you gave.

Step 5 – Withdraw mStable USD (MUSD)

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. In order to take off your mStable USD (MUSD), go to the ”Funds” tab and click on “Withdraw”. mStable USD (MUSD) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find mStable USD (MUSD) by using the given drop-down box. Put into the amount of mStable USD (MUSD) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, click “Submit”. You could be requested for phone/email verification before a withdrawal.