A Step-by-Step-Guide on how to buy Megacoin (MEC)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Megacoin (MEC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Megacoin (MEC) Once your deposit has been approved, you'll directly have access to your finances and you can start invest and trading. To invest in (MEC) Megacoin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To find (MEC) Megacoin, you will need to put the cointype (MEC) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we have marked this too. Click on “MEC/BTC” to continue.
Step 4 – Buy Megacoin (MEC) After you've discovered (MEC) Megacoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are creating our own Limit Order. The “Price” field will be automatically filled with the up-to-date rate (MEC) Megacoin was traded for. This can be changed to your desired price. The “Amount” field is the amount of MEC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of MEC. If you're satisfied, make a mouse click on “Buy MEC”. Your order will be filled as soon as a Seller sells their MEC for the price you submitted.
Step 5 – Withdraw (MEC) Megacoin Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to take off your Megacoin (MEC), hover over the “Funds” tab and click on “Withdraw”. Megacoin (MEC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (MEC) Megacoin by using the given drop-down box. Enter the amount of Megacoin (MEC) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.