A Step-by-Step-Guide on how to buy MyToken (MT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. MyToken (MT) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find MyToken (MT) Once your deposit has been affirmed, you'll instantly have access to your funds and you can initiate invest and trading. To invest in MyToken (MT) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to locate MyToken (MT), you'll need to insert the shortname of the coin (MT) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this also. Click on “MT/BTC” to go on.
Step 4 – Buying MyToken (MT) Once you've found MyToken (MT), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate MyToken (MT) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of MT you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of MT. When you are glad, make a mouse click on “Buy MT”. Your plan will be filled when a Seller sells their MT for the price you gave.
Step 5 – Withdraw MyToken (MT) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. To withdraw your MyToken (MT), hover over the tab called “Funds” and mouse click on “Withdraw”. MyToken (MT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate MyToken (MT) by using the provided drop-down box. Drop in the volumen of MyToken (MT) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.