A Step-by-Step-Guide on how to buy MustangCoin (MST)
Step 1 – Signup to Kraken You will first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. MustangCoin (MST) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate MustangCoin (MST) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate invest and trading. To invest in MustangCoin (MST) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. To spot MustangCoin (MST), you will need to put the shortname of the coin (MST) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “MST/BTC” to continue.
Step 4 – Buying MustangCoin (MST) As soon as you've spotted MustangCoin (MST), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The ”Price” field will be automatically filled with the recent valuation MustangCoin (MST) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of MST you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of MST. When you're glad, make a mouse click on “Buy MST”. Your plan will be filled as soon as a Vendor sells their MST for the price you gave.
Step 5 – Withdraw MustangCoin (MST) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your MustangCoin (MST), go to the ”Funds” tab and click on “Withdraw”. MustangCoin (MST) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find MustangCoin (MST) by using the provided drop-down box. Put into the volumen of MustangCoin (MST) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.