A Step-by-Step-Guide on how to buy Meritcoins (MRC) in Anguilla
Step 1 – Join Coinmama You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Meritcoins (MRC) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Meritcoins (MRC) Once your deposit has been verified, you will now have access to your finances and you can start invest and trading. To purchase Meritcoins (MRC) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find Meritcoins (MRC), you will need to put the shortname of the coin (MRC) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “MRC/BTC” to go on.
Step 4 – Purchase Meritcoins (MRC) Once you've found Meritcoins (MRC), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Meritcoins (MRC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of MRC you like to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of MRC. If you are satisfied, make a mouse click on “Buy MRC”. Your plan will be filled when a Vendor sells their MRC for the price you gave.
Step 5 – Withdraw Meritcoins (MRC) Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. In order to withdraw your Meritcoins (MRC), hover over the ”Funds” tab and click on “Withdraw”. Meritcoins (MRC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Meritcoins (MRC) by using the given drop-down box. Enter the volumen of Meritcoins (MRC) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.
Kudos! You have successfully bought and stored Meritcoins (MRC) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the Meritcoins (MRC) is stored within your wallet, you're done.
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