How to Buy MCDex (MCB) in Australia

A Step-by-Step-Guide on how to buy MCDex (MCB) in Australia

Step 1 – Signup to Coinmama

You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button 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 Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. MCDex (MCB) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find {MCDex (MCB)|(MCB) MCDex}

Once your deposit has been verified, you will now have access to your funds and you can launch invest and trading. To invest in {MCDex (MCB)|(MCB) MCDex} on Binance, you will want to go to the ”Exchange” tab and click on “Basic”.

In order to locate {MCDex (MCB)|(MCB) MCDex}, you will need to insert the short name of the asset (MCB) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “MCB/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} MCDex (MCB)
Step 4 – Acquisition of {MCDex (MCB)|(MCB) MCDex}

After you have spotted {MCDex (MCB)|(MCB) MCDex}, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest price {MCDex (MCB)|(MCB) MCDex} was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of MCB you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of MCB.

When you are glad, click on “Buy MCB”. Your order will be filled as soon as a Vendor trades their MCB for the price you submitted.

Step 5 – Withdraw {MCDex (MCB)|(MCB) MCDex}

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your {MCDex (MCB)|(MCB) MCDex}, go to the ”Funds” tab and click on “Withdraw”. {MCDex (MCB)|(MCB) MCDex} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {MCDex (MCB)|(MCB) MCDex} by using the given drop-down box. Enter the amount of {MCDex (MCB)|(MCB) MCDex} you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.

Congratulations! You have successfully bought and stored MCDex (MCB) in Australia.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the {MCDex (MCB)|(MCB) MCDex} is stored in your wallet, you are all done.

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