A Step-by-Step-Guide on how to buy MASTER USD (MUSD)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. MASTER USD (MUSD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (MUSD) MASTER USD Once your deposit has been confirmed, you'll now have access to your finances and you can start buying and trading. To purchase (MUSD) MASTER USD on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To find (MUSD) MASTER USD, you'll need to put the cointype (MUSD) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “MUSD/BTC” to go ahead.
Step 4 – Buying (MUSD) MASTER USD After you've spotted MASTER USD (MUSD), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our Limit Order. The “Price” field will be filled automatically with the most up-to-date rate (MUSD) MASTER USD was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of MUSD you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of MUSD. If you're happy, click on “Buy MUSD”. Your order will be filled when a Vendor sells their MUSD for the price you offered.
Step 5 – Withdraw MASTER USD (MUSD) Unless you're trading, never keep your coins on an Exchange for an extended time period. To take off your MASTER USD (MUSD), go to the “Funds” tab and click on “Withdraw”. (MUSD) MASTER USD can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate MASTER USD (MUSD) by using the provided drop-down box. Put into the volumen of (MUSD) MASTER USD you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.