A Step-by-Step-Guide on how to buy Musk (MUSK)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Musk (MUSK) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Musk (MUSK) As soon as your deposit has been affirmed, you will now have access to your assets and you can begin purchasing and trading. To purchase Musk (MUSK) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover Musk (MUSK), you'll need to insert the shortname of the coin (MUSK) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this also. Click on “MUSK/BTC” to go ahead.
Step 4 – Buying (MUSK) Musk As soon as you've spotted (MUSK) Musk, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The “Price” field will be filled automatically with the up-to-date price (MUSK) Musk was traded for. You can change this to your preferred price. The “Amount” field is the amount of MUSK you wish to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of MUSK. When you are glad, make a mouse click on “Buy MUSK”. Your order will be filled as soon as a Vendor trades their MUSK for the price you submitted.
Step 5 – Withdraw Musk (MUSK) Unless you're frequently trading, you should never keepyour coins on an Exchange for an extensive time frame. To withdraw your Musk (MUSK), go to the “Funds” tab and click on “Withdraw”. Musk (MUSK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Musk (MUSK) by using the given drop-down box. Enter the volumen of Musk (MUSK) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification ahead of a take off.