A Step-by-Step-Guide on how to buy Myriad (XMY)
Step 1 – Signup to Kraken You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Myriad (XMY) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Myriad (XMY) Once your deposit has been verified, you'll now have access to your assets and you can commence purchasing and trading. To buy Myriad (XMY) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover Myriad (XMY), you'll need to insert the shortname of the coin (XMY) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we've highlighted this too. Click on “XMY/BTC” to advance.
Step 4 – Buy Myriad (XMY) As soon as you have found Myriad (XMY), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Myriad (XMY) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of XMY you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of XMY. When you're satisfied, click on “Buy XMY”. Your plan will be filled when a Vendor sells their XMY for the price you introduced.
Step 5 – Withdraw Myriad (XMY) Unless you're regularly trading, never keep your crypto on an Exchange for an extended period of time. To take off your Myriad (XMY), go to the tab called “Funds” and click on “Withdraw”. Myriad (XMY) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Myriad (XMY) by using the given drop-down box. Put into the amount of Myriad (XMY) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.