A Step-by-Step-Guide on how to buy M Chain (M)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your first $10.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. M Chain (M) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (M) M Chain As soon as your deposit has been approved, you will now have access to your assets and you can launch buying and trading. To buy M Chain (M) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To locate (M) M Chain, you will need to put the short name of the asset (M) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “M/BTC” to continue.
Step 4 – Purchasing M Chain (M) Once you've located M Chain (M), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our Limit Order. The “Price” field will be filled with the latest rate (M) M Chain was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of M you want to buy. The “Total” field is the total price in Bitcoin that you will settle for the complete volumen of M. When you're happy, click on “Buy M”. Your order will be filled as soon as a Seller trades their M for the price you introduced.
Step 5 – Withdraw (M) M Chain Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your M Chain (M), go to the “Funds” tab and click on “Withdraw”. M Chain (M) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find M Chain (M) by using the provided drop-down box. Put into the volumen of (M) M Chain you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.