How to Buy Medibloc (MED) in Australia

A Step-by-Step-Guide on how to buy Medibloc (MED) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Medibloc (MED) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Medibloc (MED)|(MED) Medibloc}

Once your deposit has been affirmed, you'll immediately have access to your assets and you can commence buying and trading. To buy {Medibloc (MED)|(MED) Medibloc} on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To spot {Medibloc (MED)|(MED) Medibloc}, you'll need to insert the short name of the asset (MED) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “MED/BTC” to proceed.

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

Once you've spotted {Medibloc (MED)|(MED) Medibloc}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order.

The ”Price” field will be filled with the up-to-date tariff {Medibloc (MED)|(MED) Medibloc} was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of MED you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of MED.

When you're glad, click on “Buy MED”. Your plan will be filled when a Vendor trades their MED for the price you submitted.

Step 5 – Withdraw {Medibloc (MED)|(MED) Medibloc}

Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your {Medibloc (MED)|(MED) Medibloc}, go to the ”Funds” tab and click on “Withdraw”. {Medibloc (MED)|(MED) Medibloc} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Medibloc (MED)|(MED) Medibloc} by using the provided drop-down box. Put into the volumen of {Medibloc (MED)|(MED) Medibloc} you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address.

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

Congrats! You've successfully purchased and safed Medibloc (MED) in Australia.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Medibloc (MED)|(MED) Medibloc} is stored within your wallet, you are done.

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