How to Buy MyBit Token (MYB)

A Step-by-Step-Guide on how to buy MyBit Token (MYB)

Step 1 – Signup to Kraken

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. MyBit Token (MYB) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find MyBit Token (MYB)

Once your deposit has been confirmed, you will now have access to your assets and you can commence invest and trading. To buy MyBit Token (MYB) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot MyBit Token (MYB), you will need to put the cointype (MYB) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “MYB/BTC” to go ahead.

Binance Hot To Buy MyBit Token (MYB)
Binance How to Buy (MYB) MyBit Token
Step 4 – Buy MyBit Token (MYB)

Once you have found MyBit Token (MYB), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled with the recent rate MyBit Token (MYB) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of MYB you want to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of MYB.

When you are satisfied, make a mouse click on “Buy MYB”. Your plan will be filled as soon as a Vendor trades their MYB for the price you introduced.

Step 5 – Withdraw MyBit Token (MYB)

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extended time period. To take off your MyBit Token (MYB), go to the tab called “Funds” and click on “Withdraw”. MyBit Token (MYB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MyBit Token (MYB) by using the given drop-down box. Put into the quantity of MyBit Token (MYB) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and stored MyBit Token (MYB).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (MYB) MyBit Token is stored within your wallet, you're done.

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