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 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. MyToken (MT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate MyToken (MT) As soon as your deposit has been approved, you will immediately have access to your assets and you can commence invest and trading. To invest in MyToken (MT) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate MyToken (MT), you will need to put the shortname of the coin (MT) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this too. Click on “MT/BTC” to go ahead.
Step 4 – Buy MyToken (MT) Once you have found MyToken (MT), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation MyToken (MT) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of MT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of MT. If you are glad, make a mouse click on “Buy MT”. Your order will be filled as soon as a Vendor sells their MT for the price you gave.
Step 5 – Withdraw MyToken (MT) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your MyToken (MT), go to the tab called “Funds” and click on “Withdraw”. MyToken (MT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate MyToken (MT) by using the provided drop-down box. Enter the quantity of MyToken (MT) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.