A Step-by-Step-Guide on how to buy MomoCash ()
Step 1 –
Signup to Coinbase and receive 10$ in Bitcoin
You'll first need to buy one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 –
Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader
Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. MomoCash () is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)
Make sure you've selected the exact coin you wish to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 –
Find () MomoCash
As soon as your deposit has been verified, you will directly have access to your funds and you can initiate buying and trading. To purchase () MomoCash on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.
In order to locate () MomoCash, you will need to put the cointype () into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “/BTC” to proceed.
Step 4 –
Acquisition of () MomoCash
Once you've spotted () MomoCash, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order.
The field with the “Price” tag will be filled with the recent tariff () MomoCash was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of .
If you are happy, click on “Buy “. Your order will be filled when a Seller sells their for the price you gave.
Step 5 –
Withdraw MomoCash ()
Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to take off your () MomoCash, hover over the tab called “Funds” and click on “Withdraw”. () MomoCash can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)
Locate () MomoCash by using the given drop-down box. Put into the volumen of MomoCash () you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.
When you are glad, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.