How to Buy Magi (XMG) in Anguilla

A Step-by-Step-Guide on how to buy Magi (XMG) in Anguilla

Step 1 – Join Coinmama

You will first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Magi (XMG) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate {Magi (XMG)|(XMG) Magi}

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence buying and trading. To invest in {Magi (XMG)|(XMG) Magi} on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to locate {Magi (XMG)|(XMG) Magi}, you'll need to put the shortname of the coin (XMG) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this too. Click on “XMG/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Magi (XMG)
Step 4 – Purchase {Magi (XMG)|(XMG) Magi}

After you've located {Magi (XMG)|(XMG) Magi}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The ”Price” field will be automatically filled with the up-to-date tariff {Magi (XMG)|(XMG) Magi} was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of XMG you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of XMG.

When you're glad, make a mouse click on “Buy XMG”. Your order will be filled as soon as a Vender sells their XMG for the price you offered.

Step 5 – Withdraw {Magi (XMG)|(XMG) Magi}

Unless you're frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. To take off your {Magi (XMG)|(XMG) Magi}, go to the tab called “Funds” and mouse click on “Withdraw”. {Magi (XMG)|(XMG) Magi} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Magi (XMG)|(XMG) Magi} by using the provided drop-down box. Drop in the amount of {Magi (XMG)|(XMG) Magi} you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You may be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and safed Magi (XMG) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the {Magi (XMG)|(XMG) Magi} is stored in your wallet, you are finished.

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