How to Buy Mydexpay (XMD)

A Step-by-Step-Guide on how to buy Mydexpay (XMD)

Step 1 – Signup to Kraken

You will first need to buy one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting Funds.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Mydexpay (XMD) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Mydexpay (XMD)

As soon as your deposit has been verified, you will now have access to your finances and you can start invest and trading. To buy Mydexpay (XMD) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find Mydexpay (XMD), you will need to put the cointype (XMD) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “XMD/BTC” to go on.

Binance Hot To Buy Mydexpay (XMD)
Binance How to Buy (XMD) Mydexpay
Step 4 – Buy Mydexpay (XMD)

After you've located Mydexpay (XMD), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Mydexpay (XMD) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of XMD you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of XMD.

If you are satisfied, click on “Buy XMD”. Your order will be filled as soon as a Vendor sells their XMD for the price you gave.

Step 5 – Withdraw Mydexpay (XMD)

Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to take off your Mydexpay (XMD), hover over the ”Funds” tab and mouse click on “Withdraw”. Mydexpay (XMD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Mydexpay (XMD) by using the given drop-down box. Enter the amount of Mydexpay (XMD) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and safed Mydexpay (XMD).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (XMD) Mydexpay is stored inside your wallet, you are done.

Some other Guides on How to buy Coins

How to Buy BARE
How to Buy Know Your Developer
How to Buy Coins
/* */ Generated by MPG