How to Buy MYKEY (KEY)

A Step-by-Step-Guide on how to buy MYKEY (KEY)

Step 1 – Signup to eToro

You will first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and getting yEthereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. MYKEY (KEY) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate MYKEY (KEY)

Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate buying and trading. To purchase MYKEY (KEY) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to find (KEY) MYKEY, you'll need to insert the cointype (KEY) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “KEY/BTC” to go ahead.

How to buy Coin on Binance 1 MYKEY (KEY)
Step 4 – Buying MYKEY (KEY)

Once you have found MYKEY (KEY), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled with the recent rate MYKEY (KEY) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of KEY you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of KEY.

If you are happy, make a mouse click on “Buy KEY”. Your plan will be filled as soon as a Seller trades their KEY for the price you offered.

Step 5 – Withdraw (KEY) MYKEY

Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your MYKEY (KEY), hover over the “Funds” tab and click on “Withdraw”. (KEY) MYKEY can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MYKEY (KEY) by using the provided drop-down box. Put into the volumen of (KEY) MYKEY you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Congratulations! You've successfully purchased and stored (KEY) MYKEY.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the MYKEY (KEY) is stored within your wallet, you are done.