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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. mStable USD (MUSD) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find mStable USD (MUSD)

As soon as your deposit has been verified, you'll instantly have access to your funds and you can commence purchasing and trading. To buy mStable USD (MUSD) on Binance, you'll 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 insert the short name of the asset (MUSD) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we have highlighted this also. Click on “MUSD/BTC” to progress.

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

As soon as you've discovered mStable USD (MUSD), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order.

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

If you're happy, click on “Buy MUSD”. Your plan will be filled when a Seller sells their MUSD for the price you introduced.

Step 5 – Withdraw mStable USD (MUSD)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. In order to withdraw your mStable USD (MUSD), hover over the ”Funds” tab and click on “Withdraw”. mStable USD (MUSD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate mStable USD (MUSD) by using the given drop-down box. Put into the volumen of mStable USD (MUSD) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and stored mStable USD (MUSD).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (MUSD) mStable USD is safe inside your wallet, you're all done.
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