A Step-by-Step-Guide on how to buy Musk (MUSK)
Step 1 – Join Kraken You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Musk (MUSK) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Musk (MUSK) Once your deposit has been affirmed, you'll immediately have access to your funds and you can initiate invest and trading. To buy Musk (MUSK) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover Musk (MUSK), you will need to insert the cointype (MUSK) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this also. Click on “MUSK/BTC” to progress.
Step 4 – Acquisition of Musk (MUSK) Once you have spotted Musk (MUSK), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Musk (MUSK) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of MUSK you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of MUSK. If you're glad, click on “Buy MUSK”. Your order will be filled when a Vender trades their MUSK for the price you offered.
Step 5 – Withdraw Musk (MUSK) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. To withdraw your Musk (MUSK), go to the tab called “Funds” and mouse click on “Withdraw”. Musk (MUSK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Musk (MUSK) by using the given drop-down box. Put into the volumen of Musk (MUSK) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.