A Step-by-Step-Guide on how to buy MimbleWimbleCoin (MWC)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Crypto 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 alike. MimbleWimbleCoin (MWC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (MWC) MimbleWimbleCoin Once your deposit has been approved, you will now have access to your funds and you can commence purchasing and trading. To purchase (MWC) MimbleWimbleCoin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot (MWC) MimbleWimbleCoin, you will need to put the cointype (MWC) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “MWC/BTC” to go ahead.
Step 4 – Purchase (MWC) MimbleWimbleCoin After you've spotted MimbleWimbleCoin (MWC), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The “Price” field will be filled automatically with the latest valuation MimbleWimbleCoin (MWC) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of MWC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of MWC. When you are glad, make a mouse click on “Buy MWC”. Your order will be filled when a Vender sells their MWC for the price you gave.
Step 5 – Withdraw (MWC) MimbleWimbleCoin Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (MWC) MimbleWimbleCoin, go to the “Funds” tab and mouse click on “Withdraw”. (MWC) MimbleWimbleCoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate MimbleWimbleCoin (MWC) by using the provided drop-down box. Drop in the amount of MimbleWimbleCoin (MWC) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.