How to Buy Metal (MTL) in Australia

A Step-by-Step-Guide on how to buy Metal (MTL) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Metal (MTL) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate {Metal (MTL)|(MTL) Metal}

Once your deposit has been verified, you will immediately have access to your finances and you can begin buying and trading. To buy {Metal (MTL)|(MTL) Metal} on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find {Metal (MTL)|(MTL) Metal}, you will need to put the short name of the asset (MTL) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this too. Click on “MTL/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Metal (MTL)
Step 4 – Purchasing {Metal (MTL)|(MTL) Metal}

Once you've discovered {Metal (MTL)|(MTL) Metal}, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the recent price {Metal (MTL)|(MTL) Metal} was traded for. This can be changed to your desired price. The ”Amount” field is the amount of MTL you like to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete amount of MTL.

When you are glad, make a mouse click on “Buy MTL”. Your plan will be filled when a Seller trades their MTL for the price you gave.

Step 5 – Withdraw {Metal (MTL)|(MTL) Metal}

Unless you are frequently trading, never keep your coins on an Exchange for an longer time frame. In order to take off your {Metal (MTL)|(MTL) Metal}, hover over the ”Funds” tab and click on “Withdraw”. {Metal (MTL)|(MTL) Metal} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Metal (MTL)|(MTL) Metal} by using the given drop-down box. Put into the quantity of {Metal (MTL)|(MTL) Metal} you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Kudos! You've successfully purchased and safed Metal (MTL) in Australia.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Metal (MTL)|(MTL) Metal} is stored inside your wallet, you are done.

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