How to Buy Metal (MTL)

A Step-by-Step-Guide on how to buy Metal (MTL)

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

In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and to get Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Metal (MTL) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate (MTL) Metal

As soon as your deposit has been approved, you will immediately have access to your finances and you can start buying and trading. To invest in Metal (MTL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate Metal (MTL), you will need to insert the shortname of the coin (MTL) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “MTL/BTC” to go ahead.

Binance How To Buy 1 Metal (MTL)
Step 4 – Purchase Metal (MTL)

As soon as you have discovered Metal (MTL), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest valuation Metal (MTL) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of MTL you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole amount of MTL.

If you're happy, make a mouse click on “Buy MTL”. Your plan will be filled as soon as a Vendor sells their MTL for the price you offered.

Step 5 – Withdraw (MTL) Metal

Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Metal (MTL), hover over the tab called “Funds” and click on “Withdraw”. (MTL) Metal can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Metal (MTL) by using the given drop-down box. Put into the amount of Metal (MTL) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and safed (MTL) Metal.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (MTL) Metal is safe in your wallet, you are done.