A Step-by-Step-Guide on how to buy Machi X (MCX)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Machi X (MCX) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Machi X (MCX) Once your deposit has been approved, you'll immediately have access to your finances and you can launch buying and trading. To invest in Machi X (MCX) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To find (MCX) Machi X, you'll need to put the short name of the asset (MCX) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “MCX/BTC” to go on.
Step 4 – Purchasing (MCX) Machi X After you've located Machi X (MCX), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order. The “Price” field will be automatically filled with the most recent tariff (MCX) Machi X was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of MCX you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of MCX. If you are happy, click on “Buy MCX”. Your order will be filled when a Vendor trades their MCX for the price you offered.
Step 5 – Withdraw (MCX) Machi X Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. In order to withdraw your Machi X (MCX), go to the tab called “Funds” and click on “Withdraw”. (MCX) Machi X can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Machi X (MCX) by using the given drop-down box. Drop in the amount of (MCX) Machi X you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.