A Step-by-Step-Guide on how to buy Motocoin (MOTO)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Motocoin (MOTO) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Motocoin (MOTO) As soon as your deposit has been verified, you'll directly have access to your funds and you can initiate purchasing and trading. To invest in Motocoin (MOTO) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Motocoin (MOTO), you will need to insert the cointype (MOTO) into the search-box, which is marked in the image. Make sure you have selected the right pairing, we have marked this too. Click on “MOTO/BTC” to proceed.
Step 4 – Acquisition of (MOTO) Motocoin After you've spotted Motocoin (MOTO), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our own Limit Order. The “Price” field will be filled with the up-to-date price Motocoin (MOTO) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of MOTO you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of MOTO. When you're satisfied, click on “Buy MOTO”. Your order will be filled when a Vender sells their MOTO for the price you gave.
Step 5 – Withdraw (MOTO) Motocoin Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. To take off your (MOTO) Motocoin, go to the tab called “Funds” and click on “Withdraw”. Motocoin (MOTO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (MOTO) Motocoin by using the provided drop-down box. Put into the volumen of (MOTO) Motocoin you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.