A Step-by-Step-Guide on how to buy Meritcoins (MRC)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Meritcoins (MRC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Meritcoins (MRC) As soon as your deposit has been affirmed, you'll now have access to your finances and you can initiate invest and trading. To buy Meritcoins (MRC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover (MRC) Meritcoins, you'll need to put the shortname of the coin (MRC) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we have highlighted this also. Click on “MRC/BTC” to go on.
Step 4 – Buy Meritcoins (MRC) Once you have located Meritcoins (MRC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order. The “Price” field will be automatically filled with the most recent rate Meritcoins (MRC) was traded for. This can be changed to your desired price. The “Amount” field is the quantity of MRC you wish to buy. The “Total” field is the whole price in Bitcoin that you will pay for the complete amount of MRC. If you are satisfied, click on “Buy MRC”. Your order will be filled when a Vender sells their MRC for the price you offered.
Step 5 – Withdraw Meritcoins (MRC) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. To withdraw your (MRC) Meritcoins, hover over the tab called “Funds” and mouse click on “Withdraw”. (MRC) Meritcoins can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (MRC) Meritcoins by using the given drop-down box. Enter the volumen of (MRC) Meritcoins you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.