A Step-by-Step-Guide on how to buy Metacoin (MTC)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and receive your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Metacoin (MTC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (MTC) Metacoin Once your deposit has been approved, you will now have access to your funds and you can begin buying and trading. To buy Metacoin (MTC) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to find (MTC) Metacoin, you'll need to put the cointype (MTC) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we've marked this too. Click on “MTC/BTC” to continue.
Step 4 – Buy Metacoin (MTC) After you've spotted (MTC) Metacoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Metacoin (MTC) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of MTC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of MTC. If you're satisfied, make a mouse click on “Buy MTC”. Your order will be filled as soon as a Vender sells their MTC for the price you submitted.
Step 5 – Withdraw (MTC) Metacoin Unless you are regularly trading, never keep your crypto on an Exchange for an extensive time period. In order to withdraw your Metacoin (MTC), hover over the tab called “Funds” and click on “Withdraw”. (MTC) Metacoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (MTC) Metacoin by using the provided drop-down box. Enter the volumen of (MTC) Metacoin you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.