How to Buy MDUKEY (MDU)

A Step-by-Step-Guide on how to buy MDUKEY (MDU)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and receive Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. MDUKEY (MDU) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate (MDU) MDUKEY

As soon as your deposit has been verified, you will now have access to your funds and you can start purchasing and trading. To buy (MDU) MDUKEY on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to discover (MDU) MDUKEY, you will need to insert the cointype (MDU) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “MDU/BTC” to proceed.

How to buy Coin on Binance 1 MDUKEY (MDU)
Step 4 – Buy MDUKEY (MDU)

After you've found (MDU) MDUKEY, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff MDUKEY (MDU) was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of MDU you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of MDU.

If you are glad, make a mouse click on “Buy MDU”. Your plan will be filled when a Seller trades their MDU for the price you submitted.

Step 5 – Withdraw (MDU) MDUKEY

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. To withdraw your (MDU) MDUKEY, hover over the tab called “Funds” and click on “Withdraw”. (MDU) MDUKEY can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MDUKEY (MDU) by using the provided drop-down box. Enter the quantity of (MDU) MDUKEY you would wish to withdraw. Take into account 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 phone/email verification ahead of a take off.

Congrats! You have successfully bought and stored MDUKEY (MDU).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (MDU) MDUKEY is safe inside your wallet, you are finished.