How to Buy MargiX (MGX)

A Step-by-Step-Guide on how to buy MargiX (MGX)

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10 Dollar.

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. MargiX (MGX) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find (MGX) MargiX

As soon as your deposit has been affirmed, you will directly have access to your finances and you can initiate buying and trading. To buy (MGX) MargiX on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to find (MGX) MargiX, you will need to put the shortname of the coin (MGX) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “MGX/BTC” to go on.

Binance How To Buy 1 MargiX (MGX)
Step 4 – Purchase MargiX (MGX)

Once you have located MargiX (MGX), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate (MGX) MargiX was sold for. This can be changed to your desired price. The “Amount” field is the amount of MGX you want to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of MGX.

If you are happy, click on “Buy MGX”. Your plan will be filled when a Vendor sells their MGX for the price you submitted.

Step 5 – Withdraw MargiX (MGX)

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. In order to take off your MargiX (MGX), hover over the “Funds” tab and mouse click on “Withdraw”. (MGX) MargiX can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MargiX (MGX) by using the given drop-down box. Enter the quantity of MargiX (MGX) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and stored MargiX (MGX).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (MGX) MargiX is safe inside your wallet, you're all done.